Journal of the Japanese and International Economies最新文献_第10页

Does the productivity J-curve exist in Japan?-Empirical studies based on the multiple q theory 日本存在生产率j曲线吗?-基于多重q理论的实证研究

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101137

Tsutomu Miyagawa , Konomi Tonogi , Takayuki Ishikawa

{"title":"Does the productivity J-curve exist in Japan?-Empirical studies based on the multiple q theory","authors":"Tsutomu Miyagawa , Konomi Tonogi , Takayuki Ishikawa","doi":"10.1016/j.jjie.2021.101137","DOIUrl":"https://doi.org/10.1016/j.jjie.2021.101137","url":null,"abstract":"<div><p>Brynjolfsson, Rock, and Syverson (2021) argued that the standard TFP growth is low during an investment boom for new technology such as the IT revolution. As the new capital is operated and productivity improves, the shape of the movements in the standard productivity growth resembles a J-curve. However, when costs associated with investment for new technology are recognized as intangible investment - which is not counted in the conventional value added –, the revised TFP growth including these unmeasured intangibles show different movements from the standard TFP growth. Following Brynjolfsson, Rock, and Syverson (2021), we examine the gap between the standard TFP growth and the revised TFP growth. According to their theory, unmeasured intangibles are estimated by the gap between the shadow value and the price of investment goods. We obtain this shadow value of investment through an estimated parameter in each asset using listed firm-level data and revise the standard TFP growth rate. In the case of all industries, the standard TFP growth is overestimated in most years in the late 1990s and the 2000s, because the growth in intangible investment associated with measured investment is lower than measured capital accumulation rate. When we focus on the IT-intensive industries, we find the productivity J-curve in the late 1990s, at the early stage of the IT revolution, as indicated by Brynjolfsson, Rock and Syverson (2021).</p></div>","PeriodicalId":47082,"journal":{"name":"Journal of the Japanese and International Economies","volume":"61 ","pages":"Article 101137"},"PeriodicalIF":2.9,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jjie.2021.101137","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91640348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Management practices and productivity in Japan: Evidence from six industries in JP MOPS 日本的管理实践和生产力:来自JP MOPS的六个行业的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/J.JJIE.2021.101152

Ryo Kambayashi, Atsushi Ohyama, Nobuko Hori

引用次数: 0

Management practices and productivity in Japan: Evidence from six industries in JP MOPS 日本的管理实践和生产力:来自JP MOPS的六个行业的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101152

Ryo Kambayashi , Atsushi Ohyama , Nobuko Hori

{"title":"Management practices and productivity in Japan: Evidence from six industries in JP MOPS","authors":"Ryo Kambayashi , Atsushi Ohyama , Nobuko Hori","doi":"10.1016/j.jjie.2021.101152","DOIUrl":"https://doi.org/10.1016/j.jjie.2021.101152","url":null,"abstract":"<div><p>We use the Japanese Management and Organizational Practices Survey (JP MOPS) across six industries to understand the unique and general features of Japanese management practices and their impact on productivity. This study uses management scores, constructed from survey questions about management practices, that intend to measure the quality of operational efficiency embedded in a set of management practices. Our analyses reveal several interesting and shared features of Japanese management practices. First, there is substantial variation in management scores across establishments in each industry. Second, the patterns of management practices and their association with potential drivers are quite similar across the six industries. Third, management scores are high when establishments recognize that they face many competitors. Fourth, management scores are positively associated with labor productivity in most industries. Finally, labor shares decline with management scores. This study shows important roles played by management practices in establishment and firm activities.</p></div>","PeriodicalId":47082,"journal":{"name":"Journal of the Japanese and International Economies","volume":"61 ","pages":"Article 101152"},"PeriodicalIF":2.9,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jjie.2021.101152","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90003649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Foreign Ownership, Exporting and Gender Wage Gaps: Evidence from Japanese Linked Employer-Employee Data 外资所有权、出口和性别工资差距:来自日本关联雇主-雇员数据的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101151

Theresa M. Greaney , Ayumu Tanaka

引用次数: 9

Epidemic and Economic Consequences of Voluntary and Request-based Lockdowns in Japan 日本自愿和基于请求的封锁的流行病和经济后果

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101147

Kaoru Hosono

引用次数: 20

Small business under the COVID-19 crisis: Expected short- and medium-run effects of anti-contagion and economic policies 新冠肺炎危机下的小企业:抗传染和经济政策的预期中短期效果

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101138

Kohei Kawaguchi , Naomi Kodama , Mari Tanaka

引用次数: 31

Employer-provided training and productivity: Evidence from a panel of Japanese Firms 雇主提供的培训和生产力:来自一组日本公司的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-09-01 DOI: 10.1016/j.jjie.2021.101150

Masayuki Morikawa

引用次数: 5

Foreign Ownership, Exporting and Gender Wage Gaps: Evidence from Japanese Linked Employer-Employee Data 外资所有权、出口和性别工资差距:来自日本关联雇主-雇员数据的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-06-09 DOI: 10.1016/J.JJIE.2021.101151

Theresa M. Greaney, Ayumu Tanaka

引用次数: 9

The impact of COVID-19 on international trade: Evidence from the first shock COVID-19对国际贸易的影响:来自第一波冲击的证据

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-06-01 DOI: 10.1016/j.jjie.2021.101135

Kazunobu Hayakawa , Hiroshi Mukunoki

{"title":"The impact of COVID-19 on international trade: Evidence from the first shock","authors":"Kazunobu Hayakawa , Hiroshi Mukunoki","doi":"10.1016/j.jjie.2021.101135","DOIUrl":"10.1016/j.jjie.2021.101135","url":null,"abstract":"<div><p>This study investigates how the effects of COVID-19 on international trade changed over time. To do that, we explore monthly data on worldwide trade from January to August in 2019 and 2020. Specifically, our study data include the exports of 34 countries to 173 countries. We estimated the gravity equation by employing various variables as a proxy for the COVID-19 damage. Our findings can be summarized as follows: First, regardless of our measures to quantify the COVID-19 pandemic, we found significantly negative effects of COVID-19 on the international trade of both exporting and importing countries. Second, those effects, especially the effects of COVID-19 in importing countries, tended to become insignificant since July 2020. This result implies that the harmful impacts of COVID-19 on international trade were accommodated after the first wave of the pandemic to some extent. Third, we found heterogeneous effects across industries. The negative effects on non-essential, durable products persist for a long time, whereas positive effects in industries providing medical products were observed.</p></div>","PeriodicalId":47082,"journal":{"name":"Journal of the Japanese and International Economies","volume":"60 ","pages":"Article 101135"},"PeriodicalIF":2.9,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jjie.2021.101135","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10437569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 95

Offshoring and working hours adjustments in a within-firm labor market 公司内部劳动力市场中的离岸外包和工作时间调整

IF 2.9 3区经济学

Journal of the Japanese and International Economies Pub Date : 2021-06-01 DOI: 10.1016/j.jjie.2021.101132

Masahiro Endoh

引用次数: 2