The Sectoral Productivity Performance of Japan and the U.S., 1885-1990
This paper provides a disaggregated productivity comparison between Japan and the United States for the period 1885-1990. It combines two detailed productivity comparisons for 1939 and 1975 with time series to provide a long-term sectoral perspective. There is much diversity in the Japanese experience. The agricultural sector has shown relative stagnation since 1885. The service sector showed considerable growth before the Second World War and reached high productivity levels in the postwar period. There is great diversity in productivity levels within services. Japan's manufacturing sector has shown the fastest catch-up and its productivity level is currently close to that of the United States. Copyright 1993 by The International Association for Research in Income and Wealth.
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Volume (Year): 39 (1993)
Issue (Month): 4 (December)
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