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This chapter presents the major results of a comparative study of productivity growth in manufacturing in Japan and the … United States conducted by the authors at the Bureau of Labor Statistics. Japan was chosen for the comparison because the … growth of productivity there has been extraordinary despite a less than favorable economic environment and because the U …
Persistent link: https://www.econbiz.de/10013046620
experienced a decline in employment and a positive development in productivity while maintaining a significant contribution to …
Persistent link: https://www.econbiz.de/10009011155
experienced a decline in employment and a positive development in productivity while maintaining a significant contribution to …
Persistent link: https://www.econbiz.de/10014183623
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
We assess the cost reducing impacts of increasing stocks of "high-tech" equipment (O capital). Our empirical analysis is based on a dynamic production theory model and annual data for two-digit U.S. manufacturing industries (1952-1991). We find evidence of overinvestment in O capital in the mid...
Persistent link: https://www.econbiz.de/10014064074
the drop in private economy productivity growth between 1990-2000 and 2010-2016, though it accounted for less than 20% of … aggregate value-added. While productivity growth fell in almost all three-digit manufacturing industries, almost 40% of the fall … in aggregate manufacturing productivity growth reflected a slower decline of the deflator for computers and electronic …
Persistent link: https://www.econbiz.de/10014116390
productivity. We maintain, however, that the dramatic acceleration of imports from developing countries has imparted a significant … implications of offshoring bias for manufacturing productivity and value added, we implement the bias correction developed by … the magnitude of the discounts from offshoring. We find that from 1997 to 2007 average annual multifactor productivity …
Persistent link: https://www.econbiz.de/10014189153
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10013060122
This study investigated temporal changes in factor adjustment of the Japanese manufacturing industry by applying a dynamic factor model, in which labor and capital were quasi-fixed to a panel of industries from 1972 to 2012. Estimations show that the adjustment speeds, with which factors...
Persistent link: https://www.econbiz.de/10013373070
country comparisons with other East Asian economies such as Korea, Japan and China reveal that India has an opportunity to …
Persistent link: https://www.econbiz.de/10010405224