Kneller, Richard; McGowan, Danny; Inui, Tomohiko; … - In: Journal of the Japanese and International Economies 26 (2012) 1, pp. 110-128
This paper studies the process of plant exit and productivity growth in Japan during the ‘lost decade’. A productivity decomposition shows the low rate of productivity growth at the aggregate level to be due to slow within plant productivity growth and a small contribution from the entry and...