Japanese Research ›› 2020, Vol. 34 ›› Issue (6): 24-35.DOI: 10.14156/j.cnki.rbwtyj.2020.06.004
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XU Yue-lei
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Abstract: Stabilizing employment is one of the important goals of macroeconomic regulation. Based on the theoretical framework of “Das Kapital”, this research analyzes the mechanism of how innovation influences unemployment, and tests it through cointegration analysis. The research results show that there was a positive correlation between Japanese innovation and unemployment in the 1990s. Innovation has not effectively reduced the unemployment rate. This shows that the increase in the overall capital organic composition of the industry and the negative effects of innovation leading to industrial upgrading have a greater effect on the unemployment rate than capital accumulation, new products, and new industries have. It provides certain enlightenment for China to strengthen the employment priority policy.
Key words: innovation, unemployment, Japan, co-integration analysis, Marxist political economy
CLC Number:
F062.4
XU Yue-lei. The Impact of Innovation on Unemployment in Japan in the 1990s from the Perspective of Capital and China-Japan Relations[J]. Japanese Research, 2020, 34(6): 24-35.
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