Japan's Cotton Spinning Industry: 1868 - 1897

26 Pages Posted: 10 Jan 2005

Date Written: December 2004

Abstract

This paper analyzes the elements affecting the transformation of Japan's comparative advantage in the cotton spinning industry from 1868 to 1897. Econometric analysis supports the notion that the economies of scale due to learning-by-doing and externalities influenced the productivity of the cotton spinning industry. This suggests that the establishment of pilot mills, the extension of subsidized loans, and the other government policies to support this infant industry positively affected its development.

Keywords: infant Industry, learning-by-doing, externalities, cotton spinning industry, Japanese development

JEL Classification: O14, N65

Suggested Citation

Togo, Ken, Japan's Cotton Spinning Industry: 1868 - 1897 (December 2004). Available at SSRN: https://ssrn.com/abstract=646302 or http://dx.doi.org/10.2139/ssrn.646302

Ken Togo (Contact Author)

Musashi University ( email )

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Tokyo 176
Japan
+81 3 5984 3999 (Phone)
+81 3 3991 1198 (Fax)

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