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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w1850 |
来源ID | Working Paper 1850 |
Comparison and Analysis of Productivity Growth and R&D Investment in theElectrical Machinery Industries of the United States and Japan | |
M. Ishaq Nadiri; Ingmar R. Prucha | |
发表日期 | 1986-03-01 |
出版年 | 1986 |
语种 | 英语 |
摘要 | This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of R&D resources of the total manufacturing sectors in both countries is concentrated In the electrical machinery industry. Also, this industry has an active export orientation in both countries. The analysis of the paper is based on dynamic factor demand models describing the production structure and the behavior of factor inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The analysis shows that the production structure of the industry in both countries is characterized by increasing returns to scale; the factors of production do respond to changes in factor prices; and the existence of a pattern of substitution and complementarity among the inputs. The main sources of productivity growth are: growth in materials; technical change; and capital accumulation. R&D expenditures have also contributed significantly to growth of labor and productivity while the most important source of total factor productivity in this industry for both countries has been the scale effect followed by changes in technical progress. |
主题 | Econometrics ; Industrial Organization |
URL | https://www.nber.org/papers/w1850 |
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/559097 |
推荐引用方式 GB/T 7714 | M. Ishaq Nadiri,Ingmar R. Prucha. Comparison and Analysis of Productivity Growth and R&D Investment in theElectrical Machinery Industries of the United States and Japan. 1986. |
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 | ||
w1850.pdf(435KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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