Impediments to the Productive Employment of Labor in Japan

Hiroshi Ono () and Marcus Rebick

No 500, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: We examine a number of personnel practices, laws and regulations that lower the supply of labor in the Japanese economy. Broadly speaking, there are two kinds of impediments, those that restrict the movement of labor between firms, and those that discourage women from participating to a greater extent. Using other OECD countries and especially the United States as a benchmark, we estimate that removal of these barriers would increase the productive labor supply in Japan by some 13 to 18 percent and thus could raise the potential growth rate of the Japanese economy by roughly 1% per annum over a ten-year period.

Keywords: labor mobility; gender (search for similar items in EconPapers)
JEL-codes: J16 J31 J60 J68 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2002-03-15
New Economics Papers: this item is included in nep-lab
Note: A later version of the paper is also available as NBER working paper no. 9484, February 2003.
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Citations: View citations in EconPapers (1)

Published in Structural Impediments to Japan's Economic Growth, Blomstrom, Magnus, Corbett, Jennifer, Hayashi, Fumio, Kashyap, Anil (eds.), 2003, pages 225-257, NBER/University of Chicago Press.

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