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Was the Barrier to Labor Mobility an Important Factor for the Prewar Japanese Stagnation?

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Figure

Table 1: Baseline and counterfactual misallocation effects. Notes: The valuesunder the prewar correspond to the 1885-1940 average and the values underthe postwar correspond to the 1960-1973 average
Figure 2: The data and model prediction of the Japanese agricultural nominalshare.

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