Productivity Drag from Small and Medium-Sized Enterprises in Japan

Productivity Drag from Small and Medium-Sized Enterprises in Japan PDF Author: Mariana Colacelli
Publisher: International Monetary Fund
ISBN: 1498317472
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
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 PDF Author: Mariana Colacelli
Publisher: International Monetary Fund
ISBN: 1498317472
Category : Business & Economics
Languages : en
Pages : 21

Get Book Here

Book Description
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 PDF Author: Mariana Colacelli
Publisher: International Monetary Fund
ISBN: 1498325424
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
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 PDF Author: Kyoji Fukao
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
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 PDF Author: Terutomo Ozawa
Publisher: Pergamon
ISBN:
Category : Business & Economics
Languages : en
Pages : 54

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Book Description


New Paradigm of Productivity Movement in Japan

New Paradigm of Productivity Movement in Japan PDF Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72

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Book Description


Productivity in Japan

Productivity in Japan PDF Author:
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 158

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Factors which Hinder Or Help Productivity Improvement in the Asian Region-a Review and the Prospect

Factors which Hinder Or Help Productivity Improvement in the Asian Region-a Review and the Prospect PDF Author: Ryōkichi Hirono
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Report identifying factors influencing productivity in the manufacturing industrial sector of Japan - outlines economic growth, heavy industry, light industry and service sector trends in output and employment during the 1960s and 1970s, considers changing patterns of demand, competitiveness, industrial policies and social value systems affecting productivity, and includes productivity policy recommendations. References and statistical tables.

Competition and Productivity in Japanese Manufacturing Industries

Competition and Productivity in Japanese Manufacturing Industries PDF Author: Yōsuke Okada
Publisher:
ISBN:
Category : Manufacturing industries
Languages : en
Pages : 32

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Book Description
This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in Japanese manufacturing for the years 1994-2000, I show that competition, as measured by lower level of industrial price-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics. Moreover, I suggest that market power, as measured by either individual firm's price-cost margin or market share, has negative impact on productivity level of R&D performing firms.

Wage Increases and Labour Productivity in Japanese Smaller Business

Wage Increases and Labour Productivity in Japanese Smaller Business PDF Author: Kiyohiko Ohtake
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 52

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Management and Productivity Improvement in Japan

Management and Productivity Improvement in Japan PDF Author: Tatsuki Mikami
Publisher:
ISBN:
Category : Industrial management
Languages : en
Pages : 150

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Book Description