Productivity Dynamics and Japan's Economic Growth: An Empirical Analysis Based on the Financial Statements Statistics of Corporations by Industry

Tomohiko Inui, YoungGak Kim (), Hyeog Ug Kwon and Kyoji Fukao

Economic Review, 2015, vol. 66, issue 4, 289-300

Abstract: Using unique Japanese firm-level data from the Financial Statements Statistics of Corporations by Industry for 1982-2008, we observed TFP trends in both the manufacturing and non-manufacturing industries. Our results can be summarized as follows. First, TFP growth in the non-manufacturing industry was lower than that of the manufacturing industry. Second, there was productivity dispersion and it persists in both the manufacturing and non-manufacturing industries. Third, our results, which are based on productivity dynamics, show that the acceleration of TFP growth rate mainly occurred in the manufacturing industry.

JEL-codes: O47 O53 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:hit:ecorev:v:66:y:2015:i:4:p:289-300

DOI: 10.15057/27561

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