Add to ORKGThis study analyzes the cause of the slowdown in Japan’s TFP growth during the 1990s. Many preceding studies, examining the issue at the macro- or industry-level, have found that the slowdown was primarily due to the stagnation in TFP growth in the manufacturing sector. Using establishment level panel data covering the entire sector, we investigate the causes of the TFP slowdown and find that the reallocation of resources from less efficient to more efficient firms was very slow and limited. This “low metabolism ” seems to be an important reason for the slowdown in Japan’s TFP growth
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...
Following the collapse of the so-called “bubble economy”, Japan’s economy has entered a phase of unp...
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...
July 2006This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many ...
This study analyzes the cause of the slowdown in Japan’s TFP growth during the 1990s. Many preceding...
This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many preceding...
*We are grateful to the discussant, Kiyohiko G. Nishimura, and participants of the CIRJE-TCER Macro ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
Using industry- and micro-level data, this paper examines why Japan’s productivity growth has been s...
Using industry- and micro-level data, this paper examines why Japan’s productivity growth has been s...
September 2004The 1990s have been a decade of minimal growth for the Japanese economy. Examining thi...
This paper compares the estimates of Japanese total factor productivity (TFP) growth rates in severa...
Why was the 1990s a lost decade for Japan? How is it possible that the Japanese economy stagnated fo...
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...
Following the collapse of the so-called “bubble economy”, Japan’s economy has entered a phase of unp...
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...
July 2006This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many ...
This study analyzes the cause of the slowdown in Japan’s TFP growth during the 1990s. Many preceding...
This study analyzes the cause of the slowdown in Japan's TFP growth during the 1990s. Many preceding...
*We are grateful to the discussant, Kiyohiko G. Nishimura, and participants of the CIRJE-TCER Macro ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper analyzes factors in the transition of production and the situation of productivity includ...
Using industry- and micro-level data, this paper examines why Japan’s productivity growth has been s...
Using industry- and micro-level data, this paper examines why Japan’s productivity growth has been s...
September 2004The 1990s have been a decade of minimal growth for the Japanese economy. Examining thi...
This paper compares the estimates of Japanese total factor productivity (TFP) growth rates in severa...
Why was the 1990s a lost decade for Japan? How is it possible that the Japanese economy stagnated fo...
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...
Following the collapse of the so-called “bubble economy”, Japan’s economy has entered a phase of unp...
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its per...