Total Factor Productivity of New Japanese Firms

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Total Factor Productivity of New Japanese Firms by : Nobuyuki Harada

Download or read book Total Factor Productivity of New Japanese Firms written by Nobuyuki Harada and published by . This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Evolution of the Productivity Dispersion of Firms - A Reevaluation of Its Determinants in the Case of Japan

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Evolution of the Productivity Dispersion of Firms - A Reevaluation of Its Determinants in the Case of Japan by : Keiko Ito

Download or read book The Evolution of the Productivity Dispersion of Firms - A Reevaluation of Its Determinants in the Case of Japan written by Keiko Ito and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a growing body of literature analyzing empirically the evolution of productivity dispersion at the firm level and its determinants. This paper contributes to this literature by investigating the case of Japanese firms during the so-called “Lost Decade” (1992- 2005), which is still under-analyzed. We use a firm-level panel dataset taken from a large-scale administrative survey, the Basic Survey of Japanese Business Structure and Activities (BSBSA) for the years 1994-2003. Our results can be summarized as follows. First, we confirm that there was an overall increase in both labor productivity and total factor productivity dispersion, especially in the manufacturing sector from 1998 onward. Second, in the case of Japanese firms during the Lost Decade, and contrary to what has been found for some other countries, we find no significant impact of the introduction of information and communication technologies (ICT) on productivity dispersion. On the other hand, we do find evidence of a significant and positive impact of internationalization on productivity dispersion. In addition, the evolution of the competitive environment appears to play a role: we find that the increase in the Hershman-Herfindahl index observed in some sectors, which characterizes a more oligopolistic environment, is associated with an increase in productivity dispersion.

Macro Effects of Corporate Restructuring in Japan

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Publisher : International Monetary Fund
ISBN 13 : 1451874472
Total Pages : 34 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Macro Effects of Corporate Restructuring in Japan by : Mr.Se-Jik Kim

Download or read book Macro Effects of Corporate Restructuring in Japan written by Mr.Se-Jik Kim and published by International Monetary Fund. This book was released on 2003-10-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal restructuring, that is, reallocation of resources from less-productive firms to more-productive ones, on the dynamic path of aggregate output. The results show that the benefits of restructuring could substantially exceed the costs.

Do Foreign Firms Bring Greater Total Factor Productivity to Japan?

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (834 download)

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Book Synopsis Do Foreign Firms Bring Greater Total Factor Productivity to Japan? by :

Download or read book Do Foreign Firms Bring Greater Total Factor Productivity to Japan? written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Total Factor Productivity in the U.S. and Japanese Motor Vehicle Industries

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Publisher :
ISBN 13 :
Total Pages : 190 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Total Factor Productivity in the U.S. and Japanese Motor Vehicle Industries by : Candace Howes

Download or read book Total Factor Productivity in the U.S. and Japanese Motor Vehicle Industries written by Candace Howes and published by . This book was released on 1991 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Comparison of Total Factor Productivity Changes Between Japan and Korea

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Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Comparison of Total Factor Productivity Changes Between Japan and Korea by : Cheol Hwa Noh

Download or read book Comparison of Total Factor Productivity Changes Between Japan and Korea written by Cheol Hwa Noh and published by . This book was released on 1989 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity Drag from Small and Medium-Sized Enterprises in Japan

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Publisher : International Monetary Fund
ISBN 13 : 1498317472
Total Pages : 21 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Productivity Drag from Small and Medium-Sized Enterprises in Japan by : Mariana Colacelli

Download or read book Productivity Drag from Small and Medium-Sized Enterprises in Japan written by Mariana Colacelli and published by International Monetary Fund. This book was released on 2019-07-01 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.

Total Factor Productivity Analysis

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Publisher :
ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Total Factor Productivity Analysis by : Mieko Nishimizu

Download or read book Total Factor Productivity Analysis written by Mieko Nishimizu and published by . This book was released on 1984 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Overcoming Economic Stagnation in Japan

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Overcoming Economic Stagnation in Japan by : Ralph Paprzycki

Download or read book Overcoming Economic Stagnation in Japan written by Ralph Paprzycki and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1990s have been a decade of minimal growth for the Japanese economy. Examining this record from a growth accounting perspective, this paper argues that a major factor underlying Japan's disappointing growth performance in recent years has been a marked slow-down in total factor productivity (TFP) growth. It is suggested that, given present population trends and low returns on capital, any sustained increase in overall economic growth will require an acceleration in TFP growth. In this context, foreign direct investment (FDI) can potentially make an important contribution by increasing the degree of competition in the economy and, if foreign firms are more productive than domestic ones, by raising average TFP levels in Japanese industry.

Productivity Growth in Japan and the United States

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Publisher : University of Chicago Press
ISBN 13 : 0226360601
Total Pages : 460 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Productivity Growth in Japan and the United States by : Charles R. Hulten

Download or read book Productivity Growth in Japan and the United States written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-12-01 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging from the ruins of the Second World War, the Japanese economy has grown at double-digit rate throughout much of the 1950s and 1960s, and, when the oil crisis of the 1970s slowed growth throughout the industrialized world, Japanese growth throughout the industrialized world, Japanese growth rates remained relatively strong. There have been many attempts by scholars from a wide range of disciplines to explain this remarkable history, but for economists interested in the quantitative analysis of economic growth and the principal question addressed is how Japan was able to grow so rapidly. The contributors focus their efforts on the accurate measurement and comparison of Japanese and U.S. economic growth. Assuming that any sustained increase in real GNP must be due either to an increase in the quantity of capital and labor used in production or to the more efficient use of these inputs, the authors analyze the individual contributions of various factors and their importance in the process of output growth. These essays extend the methodology of growth analysis and offer many insights into the factors leading to the superior performance of the Japanese economy. They demonstrate that growth is a complex process and no single factor can explain the Japanese 'miracle.'

Productivity Drag from Small and Medium-Sized Enterprises in Japan

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Publisher : International Monetary Fund
ISBN 13 : 1498325424
Total Pages : 21 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Productivity Drag from Small and Medium-Sized Enterprises in Japan by : Mariana Colacelli

Download or read book Productivity Drag from Small and Medium-Sized Enterprises in Japan written by Mariana Colacelli and published by International Monetary Fund. This book was released on 2019-07-01 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.

Information Technology Innovation and the Japanese Economy

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Publisher : Stanford Economics & Finance
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Information Technology Innovation and the Japanese Economy by : Kazunori Minetaki

Download or read book Information Technology Innovation and the Japanese Economy written by Kazunori Minetaki and published by Stanford Economics & Finance. This book was released on 2010 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion that innovation in information technology could spark a revitalization of the Japanese economy became a hot topic in 2000, and the Japanese government announced an e-Japan Strategy for creating a "knowledge emergent society" in January 2001. However, just when a consensus seemed to be emerging regarding the importance of IT innovation in Japan, the country's IT industries were deeply influenced by a recession that originated in the U.S. Although economic conditions have improved, strong IT-driven economic growth in Japan has not bounced back. Using a newly constructed set of data, this book examines how the Japanese economy has been affected by advances in information and communications technology, and whether Japan's experience with IT advancement was a short-lived bubble or part of a truly revolutionary change in the Japanese economy that will lead to long-term growth. The authors discuss similarities and differences between Japan's experience with IT innovation and that of the United States, where IT is thought to have played a major role in stimulating the economy.

Micro-evidence for the Dynamics of Industrial Evolution

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Publisher :
ISBN 13 :
Total Pages : 222 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Micro-evidence for the Dynamics of Industrial Evolution by : Almas Heshmati

Download or read book Micro-evidence for the Dynamics of Industrial Evolution written by Almas Heshmati and published by . This book was released on 2008 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Creation of firms with new ideas, their growth, and exit of inefficient ones constitute the essence of creative destruction which has been the engine of capitalist society. By observing the process of birth, growth, and death of firms, we can understand the overall picture of dynamics that an industry experiences over the life cycle The book contains nine chapters of which nine are contributed chapters, and is divided into three parts: The first part shows some stylised facts of industrial dynamics in Korea and Japan. The second part deals with the issue of globalisation and innovation from the perspective of industry dynamics. The last part investigates the implication of size on the Korean manufacturing industry. The common feature of all contributions is found in the approach used. Thus, the authors do not focus on the theoretical models but on numerical evidences. Japan has taken the lead position in the level of technology and industrial performance as characterised by its competitive large companies and

Technical Change and Human Capital Acquisition in Japanese and U.S. Labor Markets

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Technical Change and Human Capital Acquisition in Japanese and U.S. Labor Markets by : Hong W. Tan

Download or read book Technical Change and Human Capital Acquisition in Japanese and U.S. Labor Markets written by Hong W. Tan and published by . This book was released on 1989 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity Measurement and Management at the Company Level

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Publisher : Elsevier Publishing Company
ISBN 13 :
Total Pages : 624 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Productivity Measurement and Management at the Company Level by : Kazukiyo Kurosawa

Download or read book Productivity Measurement and Management at the Company Level written by Kazukiyo Kurosawa and published by Elsevier Publishing Company. This book was released on 1991 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a comprehensive overview of productivity analysis at the corporate level. It begins with productivity measurement and evaluation in the workplace where the main focus is on unit input requirement. The theory of worker productivity and its management is discussed intensively. Secondly, the intermediate stage of aggregation of activities at corporate level is given in terms of total cost rentability and productivity nexus. Using this approach the total efficiency of corporate activity is evaluated and compared with productivity performance both in Japan and worldwide, as well as with the average performance of the industry in which the firm is involved. Thirdly, the final concept of corporate productivity: added value productivity is examined. Added value is the total fruit of corporate activities and the fund to be distributed among its members. The total structure of added value, which is not quite so simple as many textbooks have led to believe, is analysed in detail and applied to the corporate productivity management scheme. Finally, white-collar productivity, one of the most topical areas in productivity studies today is also examined in detail.

Reinterpreting Japan's Growth

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (379 download)

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Book Synopsis Reinterpreting Japan's Growth by : Harry Tatsumi Oshima

Download or read book Reinterpreting Japan's Growth written by Harry Tatsumi Oshima and published by . This book was released on 1981 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Work Smart

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)

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Book Synopsis Work Smart by : Seth Josolowitz

Download or read book Work Smart written by Seth Josolowitz and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity growth drives long-term economic growth and rising living standards in a modern economy. Information and communications technology (ICT) has been a key driver of both total factor productivity (TFP) and labor productivity growth since the 1990s. Japan, which has consistently had the lowest labor productivity in the G7, has not seen significant levels of ICT-driven productivity growth in its non-manufacturing sectors despite investing heavily in ICT hardware. This paper explores the reasons for Japan’s failure to reap productivity gains from its ICT investments. I claim Japanese firms have failed to invest in organizational capital and new business practices to maximize the potential of ICT. A preponderance of very small firms with elderly managers have left large swaths of the economy with minimal ICT investment. Part of the failure to update business practices stems from labor market rigidity which reduces the labor input savings from ICT systems and inefficient capital markets which protect inefficient incumbent firms. Furthermore, the low rate of firm entry and exit, coupled with a lack of foreign direct investment, hinders the adoption of new ideas and the reallocation of capital and labor.