A New Method for Decomposing the Rate of Growth of Labor Productivity

Yoshimi Kuroda

Chapter 7 in Production Structure and Productivity of Japanese Agriculture, 2013, pp 156-186 from Palgrave Macmillan

Abstract: Abstract During the mid-1950s through to the early-1970s, when the whole Japanese economy experienced a dramatic high growth, the growth rates of agricultural labor productivity were also fairly high; considerably higher than 6 per cent per year for all size classes as seen immediately from Table 7.1. However, after experiencing the two severe ‘oil crises’, which occurred in 1973 and 1978, the growth rate of agricultural labor productivity drastically decreased during the 1976–97 period (around 1 to 2 per cent per year).

Keywords: Size Classis; Technological Change; Labor Productivity; Factor Input; Price Effect (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-28761-8_7

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DOI: 10.1057/9781137287618_7

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