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Productivity in Manufacturing Industries, Canada, Japan and the United States, 1953-1986: Was the 'Productivity Slowdown' Reversed?

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  • M. Denny
  • J. Bernstein
  • M. Fuss
  • S. Nakamura
  • L. Waverman

Abstract

This 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.

Suggested Citation

  • M. Denny & J. Bernstein & M. Fuss & S. Nakamura & L. Waverman, 1992. "Productivity in Manufacturing Industries, Canada, Japan and the United States, 1953-1986: Was the 'Productivity Slowdown' Reversed?," Canadian Journal of Economics, Canadian Economics Association, vol. 25(3), pages 584-603, August.
  • Handle: RePEc:cje:issued:v:25:y:1992:i:3:p:584-603
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    Cited by:

    1. Bernstein, Jeffrey I. & Mohnen, Pierre, 1998. "International R&D spillovers between U.S. and Japanese R&D intensive sectors," Journal of International Economics, Elsevier, vol. 44(2), pages 315-338, April.
    2. Charles Dufour & Paul Lanoie & Michel Patry, 1998. "Regulation and Productivity," Journal of Productivity Analysis, Springer, vol. 9(3), pages 233-247, March.
    3. 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.
    4. Yi-Cheng Liu & Ying-Hsiu Chen, 2016. "Which One is More Efficient? German or Japanese Automobile Industry: A Meta-frontier with Technology Gap Comparison," International Business Research, Canadian Center of Science and Education, vol. 9(10), pages 13-24, October.
    5. repec:eee:foreco:v:28:y:2017:i:c:p:49-62 is not listed on IDEAS

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