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来源类型Working Paper
规范类型报告
DOI10.3386/w11801
来源IDWorking Paper 11801
Information Technology and the Japanese Economy
Dale W. Jorgenson; Kazuyuki Motohashi
发表日期2005-11-21
出版年2005
语种英语
摘要In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The adjusted data show that the share of the Japanese gross domestic product devoted to investment in computers, telecommunications equipment, and software rose sharply after 1995. The contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input and productivity growth from the Non-IT sector lagged far behind the United States. Our projection of potential economic growth in Japan from for the next decade is substantially below that in the United States, mainly due to slower growth of labor input. Our projections of labor productivity growth in the two economies are much more similar.
主题Microeconomics ; Households and Firms ; Market Structure and Distribution ; Development and Growth ; Country Studies
URLhttps://www.nber.org/papers/w11801
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/569452
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Dale W. Jorgenson,Kazuyuki Motohashi. Information Technology and the Japanese Economy. 2005.
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