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Employment and IT capital in Japan

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  • Yasuo Nakanishi

Abstract

The purpose of this article is to investigate the relation of employment and IT capital. In particular, it examines whether employment increases or decreases as IT capital increases. The elasticity of substitution between IT capital and labour has drastically increased in the latter part of the measuring period. An increase in capital and IT capital was associated with a reduction of labour. Recently, the impact of IT capital on labour demand has increased.

Suggested Citation

  • Yasuo Nakanishi, 2002. "Employment and IT capital in Japan," Applied Economics Letters, Taylor & Francis Journals, vol. 9(13), pages 865-867.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:13:p:865-867
    DOI: 10.1080/13504850210150915
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    References listed on IDEAS

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    1. Van Reenen, John, 1997. "Employment and Technological Innovation: Evidence from U.K. Manufacturing Firms," Journal of Labor Economics, University of Chicago Press, vol. 15(2), pages 255-284, April.
    2. Berndt, Ernst R. & Morrison, Catherine J., 1995. "High-tech capital formation and economic performance in U.S. manufacturing industries An exploratory analysis," Journal of Econometrics, Elsevier, vol. 65(1), pages 9-43, January.
    3. Yoshimi Kuroda, 1987. "The Production Structure and Demand for Labor in Postwar Japanese Agriculture, 1952–82," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(2), pages 328-337.
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    Cited by:

    1. Nakanishi, Yasuo, 2011. "It Capital And Economic Growth In Japan," MPRA Paper 34178, University Library of Munich, Germany.
    2. Kong Weng Ho & Randy Tan, 2008. "Nonmonotonic relationship between human capital and unemployment: an exploratory study with empirical evidence on Singapore," Applied Economics Letters, Taylor & Francis Journals, vol. 15(15), pages 1177-1185.
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