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 …

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 …

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 …

transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient …

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 R … output, consumption, investment, TFP and hours worked in Japan during the "lost decade", specially up to 1998. During the …

of the pre-WWII period, Japan's real GNP per worker was not much more than a third of that of the U.S., with falling … barrier, Japan's prewar GNP per worker would have been close to a half of the U.S. The labor barrier existed because, we argue …