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contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input …In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … product devoted to investment in computers, telecommunications equipment, and software rose sharply after 1995. The …
Persistent link: https://www.econbiz.de/10013210551
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 …
Persistent link: https://www.econbiz.de/10012477226
As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …
Persistent link: https://www.econbiz.de/10012445893
contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input …In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … product devoted to investment in computers, telecommunications equipment, and software rose sharply after 1995. The …
Persistent link: https://www.econbiz.de/10012466870
and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions …We consider a neoclassical interpretation of Germany and Japan's rapid postwar growth that relies on a catch …, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …
Persistent link: https://www.econbiz.de/10012467958
Persistent link: https://www.econbiz.de/10012295927
and Japan, forty detailed industries according to NACE Rev. 2 (ISIC Rev. 4) along with nine aggregated industries and … into account. The data are used to study total factor productivity, labour and capital productivity developments in a … changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant …
Persistent link: https://www.econbiz.de/10012154247
made reluctance for companies. I found out empirical relations between IT investment and corporate productivity. Analyses … being produced by IT investment. Based on these results, I showed how productivity improvement supported by IT investment …Japanese IT investment has stagnated. Though some Japanese companies are investing in IT, this does not represent …
Persistent link: https://www.econbiz.de/10011738290
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10012473353
, 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 …
Persistent link: https://www.econbiz.de/10012475084