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ID 28480
本文ファイル
著者
キーワード
Macro economy
capital stock
productivity
TFP
Solow's residuals
NDC
経済
抄録(英)
This paper analyzes factors in the transition of production and the situation of productivity including (Total Factor Productivity) TFP using Japanese macro time series economic data from 1955 to 2000. Labor productivity in the overall Japanese economy slowly declined during the 1990s, yet TFP did not decline during the same period. These changes were measured using both the Total Cost approach and Solow's residuals, adjusted by the operating ratio of equipment. We found that the real reasons for Japan's slower growth rate during the 1990s were negative growth of capital and labor. The primary cause was a decline in the distribution of capital, which negatively affected the operating ratio and the growth rate of capital stock on the capital side, while also decreasing both labor hours and employees on the labor side. This corresponds with declining investment on the demand side as a factor in recession.
掲載誌名
国際協力研究誌
13巻
1号
開始ページ
11
終了ページ
27
出版年月日
2007-03-30
出版者
広島大学大学院国際協力研究科
ISSN
1341-0903
NCID
SelfDOI
言語
英語
NII資源タイプ
紀要論文
広大資料タイプ
学内刊行物(紀要等)
DCMIタイプ
text
フォーマット
application/pdf
著者版フラグ
publisher
部局名
国際協力研究科
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