their endogenous technology mechanisms can amplify and propagate the wage markup fluctuations observed in Japan over the … early 90s to drive a Japanese productivity slowdown. The model can reproduce the observed decline, relative to trend of Ramp … output, consumption, investment, TFP and hours worked in Japan during the quot;lost decadequot;, specially up to 1998. During …

In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of … factor productivity (TFP) gross. This is achieved through a novel application of the Viner-Wng envelope theorem, which allows …

, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …

United States relative to Japan. High productivity growth in the traded sector of the Japanese economy results in a … continuous fall in the prices of traded goods relative to nontraded goods in Japan. In order to keep U.S. traded goods …

Over the postwar, the U.S., Europe and Japan have experienced what may be thought of as medium frequency oscillations …

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 …

-Arrow-Romer externalities do not appear to be robust in our data. Landlocked status does not matter for productivity of regions in Japan. The …One account of spatial concentration focuses on productivity advantages arising from market size. We investigate this … for forty regions of Japan. Our results identify important effects of a region's own size, as well as cost linkages …

This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the … impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in …-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics. Moreover …

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 …