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- W2091265810 abstract "Abstract A dynamic optimization model is proposed for analyzing the convergence of the growth paths of labor and capital and total output and empirically estimated for Japan over the period 1965]90. This analysis provides strong empirical evidence for the dynamic role of the labor input and its faster speed of convergence to the steady state compared to the capital input. The analysis of Solow-type productivity residual along the growth path shows a striking procyclical feature, which may be due to various asymmetrical effects of the input adjustment path for capital. © 1998 Elsevier Science B.V." @default.
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- W2091265810 date "1998-01-01" @default.
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- W2091265810 title "Economic fluctuations in a model of input and output growth in Japan (1965–90)" @default.
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- W2091265810 doi "https://doi.org/10.1016/s0264-9993(96)01040-1" @default.
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