Productivity Dynamics and Japan's Economic Growth: An empirical analysis based on the Financial Statements Statistics of Corporations by Industry (Japanese)
AbstractUsing unique Japanese firm-level data for the Financial Statements Statistics of Corporations by Industry for 1982-2007, we observed TFP trends in both the manufacturing and non-manufacturing industries. Our results can be summarized as follows. First, TFP growth in the non-manufacturing industry was lower than that of the manufacturing industry. Second, there was productivity dispersion and it persists in both the manufacturing and non-manufacturing industries. Third, our results, which are based on productivity dynamics, show that the acceleration of TFP growth rate mainly occurred in the manufacturing industry.
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Bibliographic InfoPaper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion Papers (Japanese) with number 11042.
Length: 33 pages
Date of creation: Mar 2011
Date of revision:
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Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-06-04 (All new papers)
- NEP-BEC-2011-06-04 (Business Economics)
- NEP-CSE-2011-06-04 (Economics of Strategic Management)
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- FUKAO Kyoji, 2013. "Explaining Japan's Unproductive Two Decades," Policy Discussion Papers 13021, Research Institute of Economy, Trade and Industry (RIETI).
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