In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … growth in Japan from for the next decade is substantially below that in the United States, mainly due to slower growth of …

their endogenous technology mechanisms can amplify and propagate the wage markup fluctuations observed in Japan over the … output, consumption, investment, TFP and hours worked in Japan during the quot;lost decadequot;, specially up to 1998. During …

We consider a neoclassical interpretation of Germany and Japan's rapid postwar growth that relies on a catch … and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions …

for forty regions of Japan. Our results identify important effects of a region's own size, as well as cost linkages …-Arrow-Romer externalities do not appear to be robust in our data. Landlocked status does not matter for productivity of regions in Japan. The … differences. A simple counterfactual shows that if economic activity were spread evenly over the forty regions of Japan, aggregate …