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Productivity convergence of manufacturing industries in Japanese MEA

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  • Kazuhiko Kakamu
  • Mototsugu Fukushige

Abstract

The study presents (1) the convergence of labour productivity in manufacturing industries in Japanese MEAs during 1985 to 2000, using Markov chain transition matrix and (2) the speed of convergence to an ergodic distribution. The results indicate that (1) the labour productivities of all MEAs converge to different levels in the long-run and (2) its speed is as slow as the Solow's growth model.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850500400371&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 13 (2006)
Issue (Month): 10 ()
Pages: 649-653

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Handle: RePEc:taf:apeclt:v:13:y:2006:i:10:p:649-653

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References

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  1. Roberto Cellini, 1997. "Growth empirics: evidence from a panel of annual data," Applied Economics Letters, Taylor & Francis Journals, vol. 4(6), pages 347-351.
  2. repec:chb:bcchwp:03 is not listed on IDEAS
  3. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
  4. Fujita, Masahisa & Tabuchi, Takatoshi, 1997. "Regional growth in postwar Japan," Regional Science and Urban Economics, Elsevier, vol. 27(6), pages 643-670, November.
  5. Caselli, Francesco & Esquivel, Gerardo & Lefort, Fernando, 1996. " Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics," Journal of Economic Growth, Springer, vol. 1(3), pages 363-89, September.
  6. Danny Quah, 1992. "Empirical cross-section dynamics in economic growth," Discussion Paper / Institute for Empirical Macroeconomics 75, Federal Reserve Bank of Minneapolis.
  7. Lee Kian Lim & Michael McAleer, 2004. "Convergence and catching up in ASEAN: a comparative analysis," Applied Economics, Taylor & Francis Journals, vol. 36(2), pages 137-153.
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Cited by:
  1. Fukushige, Mototsugu & Ishikawa, Noriko, 2007. "Decomposing interregional differentials in productivities: An empirical analysis for Japanese data," Economics Letters, Elsevier, vol. 97(3), pages 240-246, December.
  2. Seya, Hajime & Tsutsumi, Morito & Yamagata, Yoshiki, 2012. "Income convergence in Japan: A Bayesian spatial Durbin model approach," Economic Modelling, Elsevier, vol. 29(1), pages 60-71.

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