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We trace Japanese corporate investment across different types of firms over the past decades and estimate the main … determinants of investment. We find that there are differences in investment behavior between firms expanding abroad and those … operating mainly in domestic markets. On the back of a trend increase in production offshoring, investment by large companies …
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, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non … theory are much closer to the actual data. The improvement of this extension remains robust when tangible investment … existing literature on the lost decades of Japan, this study better explains the depression in labour hours by avoiding …
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, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …Over the past century the long-run growth of six economies shows a strong association between investment in machinery …
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This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
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sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
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