Constraints on the Level and Efficient Use of Labor in Japan

Hiroshi Ono () and Marcus Rebick

No 9484, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: J16 J24 (search for similar items in EconPapers)
Date: 2003-02
New Economics Papers: this item is included in nep-lab and nep-sea
Note: LS
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Citations: View citations in EconPapers (14)

Published as Hiroshi Ono & Marcus Rebick, 2003. "Constraints on the Level and Efficient Use of Labor," NBER Chapters, in: Structural Impediments to Growth in Japan, pages 225-258 National Bureau of Economic Research, Inc.

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