The turning point in economic development : Japan's experience / by Ryoshin Minami.

Preface Introduction -- Chapter I. Characteristics of the Theory of the Turning Point, 3 -- Chapter 2. Applicability of the Theory of the Turning Point to the Japanese Economy, 13 -- The theory of the turning point -- Chapter 3. Concept and Theory of the Turning Point, 21 -- Chapter 4. Mathematical Formulation of the Theory of the Turning Point, 55 -- Chapter 5. Finding the Turning Point, 69 -- The turning point in the Japanese economy -- Chapter 6. Changes in the Size of Employment in the Subsistence Sector, 89 -- Chapter 7. Wages in the Subsistence Sector, 133 -- Chapter 8. Wage Differentials between Unskilled and Skilled Workers, 159 -- Chapter 9. Marginal Productivity of Labor in the Subsistence Sector, 179 -- Chapter 10. Determinants of the Subsistence Sector Wages, 205 -- Chapter 11. Elasticity of Labor Supply from the Subsistence Sector to the capitalist sector, 217 -- Chapter 12. Demarcation of the Turning Point in the Japanese Economy, 225 -- Chapter 13. Underlying Factors in Passing the Turning Point, 237 -- Chapter 14. Critical Review of the Literature, 255 -- Chapter 15. Conclusions and Implications, 271 -- Bibliography, 277. Appendi.x Tables 297 Index of Authors 321 Index of Subject Matters 325