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Japan’s asset bubble economy (1986–1991) not only triggered financial problems but also brought transformative changes to both the demand and supply sides of the Japanese economy. Changes in employment and labor productivity emerged around the time of the bubble economy. We examine Japan’s economic growth by focusing on the interaction between manufacturing and service industries.

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Introduction

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  • 发表日期：

    2026年

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  • Takayuki Yamashita,
  • Tamaki Morita

摘要

Japan’s asset bubble economy (1986–1991) not only triggered financial problems but also brought transformative changes to both the demand and supply sides of the Japanese economy. Changes in employment and labor productivity emerged around the time of the bubble economy. We examine Japan’s economic growth by focusing on the interaction between manufacturing and service industries.