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We examine productivity growth since World War II in the five leading research economies: West Germany, France, the … United Kingdom, Japan, and the United States. Available data on the capital-output ratio suggest that these countries grew as …
Persistent link: https://www.econbiz.de/10012473670
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …
Persistent link: https://www.econbiz.de/10012471064
.S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs …
Persistent link: https://www.econbiz.de/10012477833
explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … prospects of catching up with West Germany during the post-reunification era. We show, first, that the rates of technical change … account for the fact that East Germany was not the socialist showcase for which it was frequently taken before German …
Persistent link: https://www.econbiz.de/10012472735
transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient …
Persistent link: https://www.econbiz.de/10012462278
institutional changes played an important role in creating a national capital market in Japan. In particular, the diffusion in the … use of the telegraph, the growth in commercial branch banking networks, and the development of Bank of Japan's branches …
Persistent link: https://www.econbiz.de/10012464555
This paper investigates changes in the output and productivity of research and development activities in Japanese manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R&D productivity at the firm-level suggest that there...
Persistent link: https://www.econbiz.de/10012469265
We estimate and compare the production structures of the US, Japanese, and Korean total manufacturing sectors for the 1974-1990 period. We employ a translog variable cost function that includes such inputs as labor, materials, physical and R&D capital with the physical and R&D capital treated as...
Persistent link: https://www.econbiz.de/10012473353
Persistent link: https://www.econbiz.de/10013480896
Persistent link: https://www.econbiz.de/10000615420