Showing 1 - 10 of 325
The paper finds a significant shift in the economic characteristics of civil conflicts during the1990s. Conflicts have become shorter but with more severe contractions and a stronger recovery of growth. The overall length and cost of the conflict cycle has probably declined. The stance of...
Persistent link: https://www.econbiz.de/10014401040
We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and interregional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match....
Persistent link: https://www.econbiz.de/10014404143
A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using … supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade …
Persistent link: https://www.econbiz.de/10009620269
Is Japan's aging and, more recently, declining population hampering growth and reflation efforts? Exploiting … had a significant negative impact on total factor productivity. Moreover, prefectures that aged at a faster pace … give strong support to the notion that demographic headwinds can have a non-trivial impact on total factor productivity and …
Persistent link: https://www.econbiz.de/10011716295
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 …. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing …
Persistent link: https://www.econbiz.de/10012102074
As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth …
Persistent link: https://www.econbiz.de/10014403438
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 …
Persistent link: https://www.econbiz.de/10014403905
A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using … supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade …
Persistent link: https://www.econbiz.de/10014395730
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of … the United States, the euro area, and Japan in the emergence and evolution of today''s global trade imbalances. Simulation … 1999, as well as account for some the surpluses in the euro area and Japan. Differences in TFP developments across sectors …
Persistent link: https://www.econbiz.de/10014403181
imbalance with only limited spillovers to the rest of the world. Specifically, faster productivity growth would help lower Japan …Japan is facing a sizable fiscal imbalance against a backdrop of weak trend growth and growing external imbalances in … the world economy. This paper examines the possible impact of fiscal adjustment and productivity-enhancing structural …
Persistent link: https://www.econbiz.de/10014404214