Survey: Did the TFP Growth Rate in Japan Decline in the 1990s (in Japanese)

Tomohiko Inui and Hyeog Ug Kwon

Economic Analysis, 2005, vol. 176, 138-164

Abstract: This paper surveys the methodologies adopted and the results produced in 13 studies on Japan's TFP growth in the 1990s at the macro- and industry-level. Most of these studies point out a slowdown in Japan's TFP growth rates during the 1990s, however, the degree of the slowdown is fairly small. Using the Japan Industrial Productivity Database, we estimate the mark-up ratios and the degree of returns to scale at the industry level, and then re-estimate TFP growth rates.

Date: 2005
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Citations: View citations in EconPapers (2)

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Working Paper: Survey: Did the TFP Growth Rate in Japan Decline in the 1990s?(in Japanese) (2004)
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