A Comparison of TFP Levels of Listed Firms in the United States and Japan (Japanese)
In this paper, we provide a consistent comparison of total factor productivity (TFP) levels of listed firms in both the U.S. and Japan by using firm-level data based on consolidated financial statements covering 2000-2005. We find that U.S. firms are more productive than Japanese firms in manufacturing and other service sectors, whereas the TFP levels of U.S. firms in communications, commerce, and other industries (construction and transport, etc.) are not significantly different from those of Japanese firms.
|Date of creation:||Mar 2011|
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