In this paper, we analyze the negative impacts of overeducation on wages in the Japanese youth labor market. In addition, this study assesses empirically the validity of the Human Capital Theory and Job Competition Model within the context of overeducation and undereducation. Our study uses the...

To understand the dynamics of the Chinese economy and Chinese firms, it is important to examine firms' export behaviors, in particular the role of foreign-owned firms in export. This paper investigates entries to and exits from export markets of Chinese firms and the relation between such...

The relationship between the R&D and the productivity improvement in Japanese manufacturing firms is examined. Using more accurate and the more recent data on the individual firm's R&D activity rather than the data used in the previous research, we estimated a Cobb-Douglas production function,...

This paper surveys the body of research grounded on a basic question "Did the total factor productivity (TFP) growth rate in Japan decline in the 1990s?" In addition, using industry-level data of the Japan Industrial Productivity Database (JIP database) we estimate the mark-ups and the degree of...