This paper attempts to reconcile the controversy regarding Japan’s total factor productivity during its slump in the 1990s by clarifying the role of capital utilization. Hayashi and Prescott (2002) emphasized that the decline in the exogenous total factor productivity growth rate was the main cause. However, some empirical studies have also pointed out that the fall in capital utilization rates...

Myriad hypotheses have been advanced to explain the dismal performance of the post-1990 Japanese economy. In this paper we use plant and firm data to investigate the issue. The low rate of productivity growth in Japan is also often seen as a product of Japanese MNEs offshoring production and shutting plants that are relative to others in their industry, high productivity. We find that this is t...

This paper develops a model in which measured total factor productivity (TFP) is endogenously determined, in order to quantitatively explain the following three facts of the Japanese growth miracle between 1956 and 1973. First, the growth rate of GDP per unit of labor in the second half of this period was 7.9 percent while in the first half it was only 5.5 percent. Second, the rate of return to...

Submitted: May 19, 2013; Accepted: Jun 29, 2013; Published: Aug 07, 2013 Abstract: It is commonly recognized that knowledge is the only source of core competence in the knowledge-based companies, but productivity rate of knowledge worker is always Low. This study seeks to identify factors influence on the productivity. In addition, it presents knowledge workers clusters and measuring productivi...

Aim We provide a new quantitative analysis of lizard reproductive ecology. Comparative studies of lizard reproduction to date have usually considered life-history components separately. Instead, we examine the rate of production (productivity hereafter) calculated as the total mass of offspring produced in a year. We test whether productivity is influenced by proxies of adult mortality rates su...

The paper estimates an empirical relation based on Krugman’s “technological gap” model to explore the influence of the pattern of international trade and production on the overall productivity growth of a developing country. A key result is that increased import competition in medium-growth (but not in lowor highgrowth) manufacturing sectors enhances overall productivity growth. The authors als...

Korean pig farms face challenges from free trade environment. Many farms have adopted Information System to improve the productivity on the farm. This study applies statistical analysis to verify the productivity gain and its determinants by using information system on the pig farm. Using the farm level weekly data from the PigPlan from 2006 to 2012, we find productivity gain on the farm increa...

In this chapter Iparraguirre D’Elia outlines the productivity performance of Northern Ireland between 995 and 00 . The results indicate that while Northern Ireland returned the highest rate of economic growth of all UK regions between 989 and 00 , its productivity performance has been poor, with most of the economic growth over this period being attributable to increasing employment levels. Nor...

This paper presents a single unified framework that integrates the theoretical literature on Schumpeterian endogenous growth and major strands of the empirical literature on R&D, productivity growth and productivity convergence. Starting from a structural model of endogenous growth following Aghion and Howitt (1992, 1998), we provide microeconomic foundations for the reduced-form equations for ...

ing from detail, it is instructive to consider what would happen in a perfectly flexible economy, if schooling actually displayed stagnant productivity while all other sectors faced a constant positive rate of productivity growth. The outcome would be what Baumol (1967) has called the cost disease of services. With a functioning labour market, the wages of workers in the stagnantproductivity se...