Going all the way back to Schumpeter (1934), economists have long discussed whether market competition stimulates innovation. To reconcile conflicting earlier empirical evidence, Aghion and Griffith (2005) developed a model showing that competition can have both a positive and a negative effect...

(Introduction) The purpose of this paper is to explain the preliminary version of the newly compiled Japan Industrial Productivity Database (JIP 2006) and report some results of our growth accounting analysis based on this database. The JIP 2006 contains information on 108 sectors from 1970 to...

This paper describes the construction of the Regional-Level Japan Industrial Productivity Database (R-JIP), which covers the period from 1970 through 2008 and comprises annual industrial output and factor input data of Japan's 47 prefectures classified by 23 industry. Output is measured in terms...

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...

Bloom and Van Reenen (2007) show that differences in management practices are correlated with productivity differences at the firm level. In this paper, we conducted similar interview surveys on management practices in Japanese and Korean firms in 2008 and 2012. We find that overall management...

Using the Japan Industrial Productivity (JIP) and the Korea Industrial Productivity (KIP) databases and other primary statistics in Japan and Korea, we estimate intangible investment in Japan and Korea at the industry-level. Comparing our estimates from two-country data, we find that the growth...

Investment spikes have affected the movement in aggregate investment in Japan. On average, 15% of total listed firms in Japan conducted large-scale investments that created spikes in investment during the past 30 years. From the results in our Probit estimation, we find that large scale...

We examined the relationship between human resource development and firm performance using two sets of data, one obtained from a questionnaire survey mailed to firms' personnel departments and another—human resource management scores based on interviews with Japanese firms—used in Miyagawa...

In tandem with the advance of IT usage in the economy and society, it is becoming more widely recognized that for greater IT usage to lead to higher productivity it is essential not only to increase the amount of IT equipment, but also for corporate organizations and human resources to...

Using the Japan Industrial Productivity (JIP) database and other primary statistics, we estimate intangible investments in Japan at the industry level. Comparing our estimates with Korean ones measured by Professor Chun, intangible investment/gross value added (GVA) ratios in Japan are higher...