Japan

American Journal of Economics and Sociology, The, Dec, 2000 by Yoshisaburo Yamasaki, Robert V. Andelson

Notes

(1.) Fred Harrison, The Power in the Land (London: Shepheard-Walwyn, 1983), p. 153.

(2.) E. H. Norman, Japan's Emergence as a Modern State (New York: Institute of Pacific Relations, 1940), p. 141; R. P. Dore, Land Reform in Japan (London: Oxford University Press, 1959), p. 15; and T. Fukutake, Japanese Rural Society (Ithaca, NY: Cornell University Press, 1967), p. 10.

(3.) J. I. Nakamura, Agricultural Production and the Economic Development of Japan 1873-1922 (Princeton, NJ: Princeton University Press, 1966), p. 190.

(4.) Goro Hani and Kimlo Izu, Meiji-Ishin Ni Okeru Seido Jo No Henkaku (The Institutional Changes in the Meiji Restoration), contained in Nippon Shihonshugi Hattatsu Shi Koza (The Series on the History of the Development of Capitalism in Japan) (Tokyo: Iwanami Shoten, 1932), p. 26.

(5.) R. P. Dare, "Land Reform and Japan's Economic Development," Developing Economies, Special Issue, Vol. 3, 1965, p. 385. Page reference is to reprint in T. Shanin, ed., Peasants and Peasant Societies (Harmond-sworth, UK: Penguin Press, 1971).

(6.) Yoshitaro Hirano, Nippon Shihonshugi Shakai No Kiko (The Structure of Capitalistic Society in Japan) (Tokyo: Iwanami Shoten, 1950), p. 189.

(7.) Kenji Yamaguchi, Tochi Wa Kokyozai (Land is a Public Good) (Tokyo: Kindai Bungei Sha, 1996), pp. 203f.

(8.) Harrison, op. cit., p. 155.

(9.) Takekazu Ogura, Agrarian Problems and Agricultural Policy in Japan: A Historical Sketch (Tokyo: Institute of Asian Economic Affairs, 1967), p. 10.

(10.) Ibid., pp. 20, 21.

(11.) Ibid.

(12.) Ibid.

(13.) Hiroshi Mizumoto, Shuzo Toda, and Eiji Shimoyama, eds., Fudosan Hosei Gaisetsu (An Outline of Real Estate Laws) (Tokyo: Seirin Shoin, 1995), p. 254.

(14.) Harrison, op. cit., p. 168.

(15.) H. Tsuboi, "Japan's Land Development Policy and the Real Estate Industry: Problems and Prospects." Paper presented to the Annual Congress of FIABCI, the International Real Estate Federation, Tokyo, June 1,1979, p. 6.

(16.) Mizumoto et al, eds., op. cit., pp. 276-77.

(17.) Koichi Mera, "The Failed Land Policy: A Story of Japan." Working paper issued by the Lincoln Institute of Land Policy, Cambridge, MA, 1996, p. 2.

(18.) Memorandum from Mason Gaffney to R. V. Andelson, dated 11 March, 1997. For example, on p. 6 of his paper, Mera asserts that "the mere fact that the price of land went down suggests that the asset value of the people in Japan was reduced, as land is an important component of the total asset." Gaffney comments: "Overpricing land does not make it more productive. High land prices are simply redistributive, widening the gap between the haves and the have-nots. They make it even harder for the have-nots to buy land, without making it easier for the haves, who, if they sell one piece to buy another, are no better off."