Abstract
Economic activity has two sides — production of commodities and expenditure. In national income accounting, Gross National Product (gnp) represents the former and Gross National Expenditure (gne) the latter. Chapters 4 and 5 analyzed production activity in agriculture and ‘industry’, the determinants of gnp. This and the next chapter analyze expenditure. This chapter deals with capital formation (investment).
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Further Reading
Capital formation: Emi and Ishiwata, 1979 Fujino, 1968 Ohkawa and Rosovsky, 1973, ch. 6 Rosovsky, 1961 Shinohara, 1970, ch. 4
Savings: Blumenthal, 1970 Komiya, 1966b Mizoguchi, 1970 Odaka, 1982 Shinohara, 1970, chs 2 and 3; 1982, ch. 10
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© 1986 The Oriental Economist
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Minami, R. (1986). Capital Formation and Its Sources. In: The Economic Development of Japan. Studies in the Modern Japanese Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18509-2_6
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DOI: https://doi.org/10.1007/978-1-349-18509-2_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-38583-8
Online ISBN: 978-1-349-18509-2
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