Macro Dynamics and Labor-Saving Innovation: US vs. Japan

Ryuzo Sato and Tamaki Morita
Additional contact information
Ryuzo Sato: New York University and the University of Tokyo

A chapter in International Trade and Economic Dynamics, 2009, pp 477-495 from Springer

Abstract: This article deals with the empirical analysis of the economic growth of the United States and Japan from 1970 to 2005. Following our analysis in “Quantity or Quality: The Impact of Labor-Saving Innovation on US and Japanese Growth Rates, 1960–2004” (March 2007), we applied the same method to a different data series to confirm our previous findings. As with the previous work, the results shown in this chapter support our view that Japan's declining population can be compensated for by additional quality improvement of the existing labor force.

Keywords: Gross Domestic Product; Production Function; Total Factor Productivity; Technical Change; Total Factor Productivity Growth (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Macro Dynamics and Labor-Saving Innovation: US vs. Japan (2007)
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:spr:sprchp:978-3-540-78676-4_31

Ordering information: This item can be ordered from
http://www.springer.com/9783540786764

DOI: 10.1007/978-3-540-78676-4_31

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().