International Comparison of Labor Productivity Distribution for Manufacturing and Non-Manufacturing Firms
AbstractLabor productivity was studied at the microscopic level in terms of distributions based on individual firm financial data from Japan and the US. A power-law distribution in terms of firms and sector productivity was found in both countries' data. The labor productivities were not equal for nation and sectors, in contrast to the prevailing view in the field of economics. It was found that the low productivity of the Japanese non-manufacturing sector reported in macro-economic studies was due to the low productivity of small firms.
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Bibliographic InfoPaper provided by arXiv.org in its series Papers with number 0812.0208.
Date of creation: Dec 2008
Date of revision: Dec 2008
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- Hideaki Aoyama & Yoshi Fujiwara & Yuichi Ikeda & Hiroshi Iyetomi & Wataru Souma, 2009. "Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing Sectors," Papers 0901.1500, arXiv.org.
- Ikeda, Yuichi & Fujiwara, Yoshi & Aoyama, Hideaki & Iyetomi, Hiroshi & Souma, Wataru, 2008. "Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing Sectors," Economics Discussion Papers 2008-42, Kiel Institute for the World Economy.
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