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A New Method for Decomposing the Rate of Growth of Labor Productivity

In: Production Structure and Productivity of Japanese Agriculture

Author

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  • Yoshimi Kuroda

Abstract

During the mid-1950s through to the early-1970s, when the whole Japanese economy experienced a dramatic high growth, the growth rates of agricultural labor productivity were also fairly high; considerably higher than 6 per cent per year for all size classes as seen immediately from Table 7.1. However, after experiencing the two severe ‘oil crises’, which occurred in 1973 and 1978, the growth rate of agricultural labor productivity drastically decreased during the 1976–97 period (around 1 to 2 per cent per year).

Suggested Citation

  • Yoshimi Kuroda, 2013. "A New Method for Decomposing the Rate of Growth of Labor Productivity," Palgrave Macmillan Books, in: Production Structure and Productivity of Japanese Agriculture, chapter 7, pages 156-186, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-28761-8_7
    DOI: 10.1057/9781137287618_7
    as

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