Technological Change in Japan and the United States and the Structure of Trade and Industry

这个研究项目着眼于……国际关系的新趋势主要体现在三个方面，即(a)技术，(b)投资，(c)对外贸易。今天的世界经济正在经历一场非常根本性的结构性变化，我们可以将其归因于电子产品的广泛应用所带来的技术变革，而这只有通过国内外的投资才能实现。我们在很大程度上借鉴了日本在创新活动、资本形成、对外贸易和投资方面正在发生的变化，并将其与其他国家的相关经验进行了比较。研究的第一部分概述了经济政策问题。第2部分着眼于研究和发展的一般和C-C-C(计算机。特别是通信和控制技术。第三部分分析了新投资融资、资本存量和增长来源。第四部分专门讨论国际贸易，包括C-C-C相关产品的贸易及其对国际收支的影响。

This research project looks into tbe. new trends in international relations from three aspects, namely (a) technology, (b) investment, and (c) foreign trade. The world economy today is going through a structural change of a very fundamental nature and we may attribute this to technological shift due to widespread application of electronics which is only achieved through investment at home and abroad. We draw heavily on the changes that are taking place in Japan in innovative activities, capital formation, and foreign trade and investment, which are compared with the experiences in other countries wherever deemed relevant.Part 1 of the research provides an overview of economic policy issues.Part 2 looks into research and development in general and C-C-C (computer. communication, and control) technology in particular. Part 3 looks into financing of new investment, capital stock vintage, and sources of growth. Part 4 is devoted to international trade, including trade in C-C-C related products and its impact on the balance of payments.