How did Japan catch-up with the West? Some implications or recent revisions to Japan’s historical growth record

This paper uses recently revised data on Japanese GDP to analyse the process by which Japan caught-up with the West. The new historical national accounts suggest that Japan was more than one-third richer in 1874 than suggested by Maddison, and that the Meiji period growth built on earlier developmen...

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Bibliographic Details
Main Authors: Broadberry, S, Fukao, K, Settsu, T
Format: Working paper
Language:English
Published: University of Oxford 2025