roughly the same the U, S., Japan, and Europe. The cyclical analysis allows an estimate of trend productivity growth …This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The …

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 …

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 …

estimated effect of the growth in the capital-labor ratio on firm productivity is approximately twice as large in Japan than in …We compute rates of growth in labor productivity during the 1973-80 period for samples of individual manufacturing … firms, in both Japan and the U.S., and relate them to differences in the rates of growth in their capital-labor ratios and …

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 …

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 …

sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from … productivity growth can be attributed to production characteristics other than technical change, particularly scale economies …

-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th …, there is no solution to the post-1972 productivity slowdown, and in the new data MFP growth during 1972-96 proceeds at a … boosting productivity growth, followed by a reopening that contributed to the post-1972 productivity slowdown …

wages and productivity across establishments. The second is that the increased dispersion in wages and productivity across … productivity dispersion have increased substantially over the last few decades, and (4) a substantial fraction of the rising … dispersion in wages and productivity is accounted for by increasing wage and productivity differentials across high and low …