Fukao, Kyoji; Kim, Young Gak; Kwon, Hyeog Ug - Institute of Economic Research, Hitotsubashi University - 2006
This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many preceding studies, examining the issue at the macro- or industry-level, have found that the slowdown was primarily due to the stagnation in TFP growth in the manufacturing sector. Using establishment level...