Productivity in Manufacturing Industries, Canada, Japan and the United States, 1953-1986: Was the 'Productivity Slowdown' Reversed?
AbstractThis paper analyzes total factor productivity growth and trends in relative efficiency levels in the national Two-Digit Manufacturing industries of Japan, Canada, and the United States during the last quarter-century. The well-known slowdown in productivity growth rates in the 1973-80 period was a common phenomenon across the three countries but was felt most strongly in Japan and least in Canada. While the 1980s saw a pick-up in productivity growth over the slowdown period, growth in productivity has not returned to the pre-1973 level. The productivity slowdown and any subsequent increase in productivity growth rates have been correlated across industries in the three countries to a very high degree.
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Bibliographic InfoArticle provided by Canadian Economics Association in its journal Canadian Journal of Economics.
Volume (Year): 25 (1992)
Issue (Month): 3 (August)
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Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Web page: http://economics.ca/cje/
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- Gavin Cameron, 2005.
"The Sun Also Rises: Productivity Convergence Between Japan and the USA,"
Journal of Economic Growth,
Springer, vol. 10(4), pages 387-408, December.
- Gavin Cameron, 2000. "The Sun Also Rises: Productivity Convergence Between Japan and the USA," Economics Series Working Papers 45, University of Oxford, Department of Economics.
- Gavin Cameron, 1998.
"Catch-Up and Leapfrog between the USA and Japan,"
Economics Series Working Papers
1998-W16, University of Oxford, Department of Economics.
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