The Japanese economy and future growth prospects

Sian Fenner
Additional contact information
Sian Fenner: Treasury, Government of Australia

Economic Roundup, 2004, issue 1, 61-78

Abstract: This paper examines Japanese growth prospects through a 3P framework - population, participation and productivity - and illustrates the importance of productivity growth in offsetting the effects of declining population and aggregate labour force participation. Without further structural reforms, particularly in the labour market and non-tradeable sectors, labour productivity growth will remain subdued and Japanese potential GDP growth constrained.

Keywords: economic development; economic reforms; Japan; labour market; productivity (search for similar items in EconPapers)
JEL-codes: E61 J24 O53 (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
http://archive.treasury.gov.au/documents/817/PDF/roundup_autumn_2004.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2004_1_3

Access Statistics for this article

More articles in Economic Roundup from The Treasury, Australian Government Contact information at EDIRC.
Bibliographic data for series maintained by The Treasury (Commonwealth of Australia) ().