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Productivity. In 2 vol. Vol. 2. International comparisons of economic growth

Опубликовано на портале: 25-10-2003
Cambridge, Mass: MIT Press, 1995, 470 с.
This volume present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training.

International Comparisons of Economic Growth focuses on comparisons among industrialized countries. Although Germany and Japan are often portrayed as economic adversaries of the U.S., postwar experiences in all three countries support policies that give high priority to stimulating and rewarding capital formation. In the Asian model of growth exemplified by Japan investments in tangible assets and human capital are especially critical during periods of rapid growth.

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  1. Productivity and Economic Growth
    Dale W. Jorgenson
      1.1 Introduction
      1.2 Measuring labor Input
      1.3 Measuring Capital Input
      1.4 Measuring Output, Intermediate Input, and Productivity
      1.5 Measuring aggregate output and Productivity
      1.6 Econometric Modeling of Production
      1.7 Conclusion
  2. Measurement of Macroeconomic Performance in Japan, 1951-1968
    Mitsuo Ezaki and Dale W. Jorgenson
      2.1 Introduction
      2.2 Basic Accounting Framework for the National Economy
      2.3 Product and Factor Outlay for the Producing Sector
      2.4 Income, Outlay, Saving, and Wealth for the Consuming Sector
      2.5 Measurement of Productivity Change
      2.6 Concluding Remarks
  3. U.S. and Japanese Economic growth, 1952-1974: An International Comparison
    Mieko Nishimizu and Dale W. Jorgenson
      3.1 Introduction
      3.2 Methodology
      3.3 Output
      3.4 Input
      3.5 Productivity
  4. Economic Growth, 1947-1973: An International Comparison
    Laurits R. Christensen, Dianne Cummings, and Dale W. Jorgenson
      4.1 Introduction
      4.2 Methodology
      4.3 Production Account
      4.4 International Comparisons
      4.5 Summary and Conclusions
      4.6 Appendix
  5. Relative Productivity Levels, 1947-1973: An International Comparison
    Laurits R. Christensen, Diane Cummings, and Dale W. Jorgenson
      5.1 Introduction
      5.2 Methodology
      5.3 Multilateral Comparisons for 1970
      5.4 Relative Levels of output, Inputs, and productivity, 1947-1973
      5.5 Concluding Remarks
      5.6 Appendix A
      5.7 Appendix B
  6. Sectoral Productivity Gaps Between the United States, japan and Germany, 1960-1979
    Klaus Conrad and Dale W. Jorgenson
      6.1 Introduction
      6.2 Methodology
      6.3 Data and Purchasing Power Parities
      6.4 Empirical Results
  7. Japan - U.S. Industry-Level Productivity Comparisons, 1960-1979
    Dale W. Jorgenson, Masahiro Kuroda, and Mieko Nishimizu
      7.1 Introduction
      7.2 Theoretical Framework
      7.3 An International comparison of Sectoral Patterns of Growth
      7.4 Estimation of Purchasing Power Parity Indexes
      7.5 International Comparison of Productivity Levels
      7.6 Conclusion
  8. Productivity and Economic Growth in Japan and the United States, 1960-1985
    Dale W. Jorgenson
  9. Productivity and International Competitiveness in Japan and the United States, 1960-1985
    Dale W. Jorgenson and Masahiro Kuroda
      9.1 Introduction
      9.2 Purchasing Power Parities
      9.3 Relative Productivity Levels
      9.4 Conclusion
      9.5 Appendix



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