Abstract
Under what conditions does surplus labor exist and what effects does it have on an economy? Is surplus labor inevitable in underdeveloped economies? Under what conditions will it disappear, passing the Lewisian turning point? To address these questions, this author uses the case of Japan for illustration.
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© 2014 Ryoshin Minami
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Minami, R. (2014). Turning Point in Japan: Structural Change in the Labor Market and Significance. In: Minami, R., Makino, F., Kim, K.S. (eds) Lewisian Turning Point in the Chinese Economy. Palgrave Macmillan, London. https://doi.org/10.1057/9781137397263_2
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DOI: https://doi.org/10.1057/9781137397263_2
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