Showing 1 - 10 of 1,190
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/10013115686
Over the postwar, the U.S., Europe and Japan have experienced what may be thought of as medium frequency oscillations …
Persistent link: https://www.econbiz.de/10013125764
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...
Persistent link: https://www.econbiz.de/10012776344
, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …
Persistent link: https://www.econbiz.de/10012763337
We explore how changes in ownership and managerial control affect the productivity and profitability of producers … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …
Persistent link: https://www.econbiz.de/10013058693
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
Persistent link: https://www.econbiz.de/10013218546
and productivity for changes in a country's terms of trade. We apply this procedure to a comparison of two major … industrialized countries, the U.S. and Japan. The approach is based on assessing the impact on, alternatively, production or final … comparison is carried out for a relatively open economy, Japan, with an economy that may not be as vulnerable to terms of trade …
Persistent link: https://www.econbiz.de/10013218834
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10013219187
prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … both Japan and the U.S., innovations in stock prices that are contemporaneously orthogonal to TFP precede most of the long … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …
Persistent link: https://www.econbiz.de/10013225845
productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are … significantly more productive, and the productivity gap is larger the less developed is the local market. We exploit the rich set of …
Persistent link: https://www.econbiz.de/10013232143