In this paper, we analyzed productivity catching up at the firm level in the Japanese, Korean, Taiwanese and Chinese manufacturing sector using the distance from the global technological frontier as a direct measure of the potential for technological frontier. We also examined the role of the...

Wage increases, along with job tenure, are one of the most robust empirical regularities found in labor economics. Several theories explain these empirical regularities, and such theories offer sharp empirical predictions for the relation between productivity-tenure and wage-tenure profiles. The...

This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many preceding studies, examining the issue at the macro- or industry-level, have found that the slowdown was primarily due to the stagnation in TFP growth in the manufacturing sector. Using establishment level...