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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w1735 |
来源ID | Working Paper 1735 |
Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States | |
Melvyn A. Fuss; Leonard Waverman | |
发表日期 | 1985-10-01 |
出版年 | 1985 |
语种 | 英语 |
摘要 | In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of short-run disequilibrium in this industry-variations' in capacity utilization-and analyze its effects on cost and total factor productivity (TFP) gross. This is achieved through a novel application of the Viner-Wng envelope theorem, which allows us to track short-run behavior utilizing what is essentially a long-run cost function.To striking empirical results energe. First, TFP grew much faster in the Japanese automobile industry (4.3% annum) than in the Canadian (1.4%) and U. S.(1.6%) industries. Second, the importance in analyzing variations in capacity utilization is confinned by the fact that failure to correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a 37% underestimate for the United States. |
URL | https://www.nber.org/papers/w1735 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558979 |
推荐引用方式 GB/T 7714 | Melvyn A. Fuss,Leonard Waverman. Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States. 1985. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w1735.pdf(295KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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