In this paper we conducted a detailed analysis of Japan's TFP growth by making use of the Japan Industrial Productivity Database (the JIP Database) which we have recently completed. We got the following results. 1.After taking account of the quality of labor and the capacity utilization rate we...

Using firm-level data of the Ministry of Economy, Trade and Industry's Basic Survey of Enterprises, this paper investigates the impact of outward and inward FDI on Japan's manufacturing industry. Our estimates show that foreign-owned firms in Japan display a TFP level that is on average 10%...

Using industry-level data of the Japan Industrial Productivity Database (JIP Database) and firm-level data of the Ministry of Economy, Trade and Industry's Basic Survey of Enterprises, we investigate the causes of the recent slowdown in Japan's total factor productivity (TFP) growth. We show...

In spite of the importance of FDI in Japan, Japan's official statistics on inward FDI have many drawbacks in comparison with U.S. statistics. Using micro data of the Establishment and Enterprise Census of Japan, we compile new statistics on the employment of Japanese affiliates of foreign firms...