Technology improvements estimated to have contributed to 45% of Japanese growth between 1953 and 1971

"One well-known econometric study concluded that improvements in technology accounted for 22.4% of Japanese economic growth between 1953 and 1971…Adding scale economies…raises technology’s contribution to 45% of growth" 

  Source: Assembled in Japan 

– Electrical Goods and the making of the Japanese consumer

Author: Simon Parker 

Publisher: University of California Press,

 USA, 1999.

ISBN: 0-520-21792-6, Pages 107- 108