Productivity Drag from Small and Medium-Sized Enterprises in Japan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Productivity Drag from Small and Medium-Sized Enterprises in Japan write by Mariana Colacelli. This book was released on 2019-07-01. Productivity Drag from Small and Medium-Sized Enterprises in Japan available in PDF, EPUB and Kindle. Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.
Productivity Drag from Small and Medium-Sized Enterprises in Japan
Productivity Drag from Small and Medium-Sized Enterprises in Japan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Productivity Drag from Small and Medium-Sized Enterprises in Japan write by Mariana Colacelli. This book was released on 2019-07-01. Productivity Drag from Small and Medium-Sized Enterprises in Japan available in PDF, EPUB and Kindle. Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.
Explaining Japan's Unproductive Two Decades
Explaining Japan's Unproductive Two Decades - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Explaining Japan's Unproductive Two Decades write by Kyoji Fukao. This book was released on 2015. Explaining Japan's Unproductive Two Decades available in PDF, EPUB and Kindle. Using industry- and micro-level data, this paper examines why Japan's productivity growth has been slow for such a long time and how it can be accelerated in the future. Japan's capital-gross domestic product ratio continued to increase after 1991, and this increase in the capital-gross domestic product ratio must have contributed to the decline in the rate of return on capital in Japan by decreasing the marginal productivity of capital. On the other hand, Japan's accumulation of information and communication technology capital and intangible investment was very slow. Compared with large firms, which enjoyed an acceleration in the total factor productivity growth in recent years, Japanese small- and medium-sized enterprises were left behind in information and communication technology capital and intangible investment, and their productivity growth has been very low. Furthermore, as large firms expanded their supply chains globally and relocated their factories abroad, research and development spillovers from large firms to small- and medium-sized enterprises seem to have declined.
People and Productivity in Japan
People and Productivity in Japan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook People and Productivity in Japan write by Terutomo Ozawa. This book was released on 1982. People and Productivity in Japan available in PDF, EPUB and Kindle.
New Paradigm of Productivity Movement in Japan
New Paradigm of Productivity Movement in Japan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Paradigm of Productivity Movement in Japan write by . This book was released on 1989. New Paradigm of Productivity Movement in Japan available in PDF, EPUB and Kindle.
