The Bulletin of the Center for Research on Regional Economic Systems, the Graduate School of Social Science, Hiroshima University Issue 9
1998-03-31 発行

New growth type industries of Japanese Economy <論説>

This paper's purpose aims to survey and sketch a characteristic of new industrial change of Japanese Economy.

The Japanese Economy shifted to export dependence type economy at 1980's because rationalization after an oil crisis at the beginning of 70's had been done. Processing structure industries of export oriented type and new service industries led Japanese Economy from that time to bubble economy period.

Firstly, Japanese Economy made a recovery from about 1993 after the collapse of the bubble economy, but it seems that the cultivation of new investment opportunity has not yet been successful until today.

Secondly, international dependence of the Japanese Economy has been increasing little by little over 40 years. It is evident that this is a trend of the contribution rate of exports and imports.

Thirdly, we can see clearly that the relative importance of tertiary industry employee steadily increased, absorbing the primary industry workers whose number dropped dramatically. In addition, the share of the service industry increased, making it the new growth industry by multi-sectoral macro economic data (divided into 23 sectors).

Forthly, today's characteristic of economy and society of Japan brought by a fundamental change of industry structure, but the change in the industry structure becomes unclear and difficult to see.