G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w1735
来源IDWorking 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.
URLhttps://www.nber.org/papers/w1735
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/558979
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Melvyn A. Fuss,Leonard Waverman. Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States. 1985.
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