Productivity growth in Japan and the United States / edited by Charles R. Hulten.

Includes bibliographical references and index.

Print version record.

Emerging from the ruins of the Second World War, the Japanese economy has grown at double-digit rate throughout much of the 1950s and 1960s, and, when the oil crisis of the 1970s slowed growth throughout the industrialized world, Japanese growth throughout the industrialized world, Japanese growth rates remained relatively strong. There have been many attempts by scholars from a wide range of disciplines to explain this remarkable history, but for economists interested in the quantitative analysis of economic growth and the principal question addressed is how Japan was able to grow so rapidly.

Machine derived contents note: Prefatory Note -- Introduction -- Charles R. Hulten -- 1. Productivity and International Competitiveness in Japan and the United States, 1960-1985 -- Dale W. Jorgenson and Masahiro Kuroda -- Comment: Robert M. Schwab -- 2. Bilateral Models of Production for Japanese and U.S. Industries -- Dale W. Jorgenson, Hikaru Sakuramoto, Kanji Yoshioka, and Masahiro Kuroda -- 3. Productivity Growth in the Motor Vehicle Industry, 1970-1984: A Comparison of Canada, Japan, and the United States -- Melvyn Fuss and Leonard Waverman -- 4. Comparison and Analysis of Productivity Growth and R & D Investment in the Electrical Machinery Industries of the United States and Japan -- M. Ishaq Nadiri and Ingmar R. Prucha -- 5. Decisions of Firms and Productivity Growth with Fixed Input Constraints: An Empirical Comparison of U.S. and Japanese Manufacturing -- Catherine Morrison -- Comment: Ingmar R. Prucha -- 6. Energy Price Shocks and Productivity Growth in the Japanese and U.S. Manufacturing Industries -- Ernst R. Berndt, Shunseke Mori, Takamitsu Sawa, and David O. Wood -- Comment: Kanji Yoshioka -- 7. Productivity Growth and Changes in the Terms of Trade in Japan and the United States -- Catherine Morrison and W. Erwin Diewert -- 8. Alternative Measures of Capital Inputs in Japanese Manufacturing -- Edwin Dean, Masako Darrough, and Arthur Neef -- Comment: Masahiro Kuroda -- 9. The Taxation of Income from Capital in Japan: Historical Perspectives and Policy Simulations -- Tatsuya Kikutani and Toshiaki Tachibanaki -- 10. Taxes and Corporate Investment in Japanese Manufacturing -- Fumio Hayashi -- 11. R & D and Productivity Growth: Comparing Japanese and U.S. Manufacturing Firms -- Zvi Griliches and Jacques Mairesse -- Comment: Edwin Mansfield -- Reply: Zvi Griliches and Jacques Mairesse -- 12. Compositional Change of Heterogeneous Labor Input and Economic Growth in Japan -- Hajime Imamura -- Comment: Walter Y. Oi -- 13. Technical Change and Human Capital Acquisition in the U.S. and Japanese Labor Markets -- Hong W. Tan -- Comment: Romesh Diwan -- 14. Labor Disputes and Productivity in Japan and the United States -- Alice C. Lam, J.R. Norsworthy, and Craig A. Zabala -- Comment: Mary Jean Bowman -- List of Contributors -- Author Index -- Subject Index.

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