International comparisons of economic growth

書誌事項

International comparisons of economic growth

Dale W. Jorgenson

(Productivity / Dale W. Jorgenson, v. 2)

MIT Press, c1995

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注記

Bibliography: p. [419]-454

Includes index

内容説明・目次

内容説明

These two volumes 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.

目次

  • Part 1 Productivity and economic growth, Dale W. Jorgenson: measuring labour input
  • measuring capital input
  • measuring output, intermediate input, and productivity
  • measuring aggregate output and productivity
  • econometric modelling of producting. Part 2 Measurement of macroeconomic performance in Japan, 1951-1968, Mitsuo Ezaki and Dale W. Jorgenson: basic accounting framework for the national economy
  • product and factor outlay for the producing sector
  • income, outlay, saving, and wealth for the consuming sector
  • appendix - data for consumers' durables
  • measurement of productivity change. Part 3 US and Japanese economic growth, 1952-1974 - an international comparison, Mieko Nishimizu and Dale W. Jorgenson: methodology
  • output
  • input
  • productivity. Part 4 Economic growth, 1947-1973 - and international comparison, Laurits R. Christensen et al: methodology
  • production account
  • international comparisons
  • summary and conclusions. Part 5 Relative productivity levels, 1947-1973 - and international comparison, Laurits R. Christensen et al: methodology
  • multilateral comparisons for 1970
  • relative levels of output, inputs, and productivity, 1947-1973
  • concluding remarks. Part 6 Sectoral productivity gaps between the United States, Japan and Germany, 1969-1979, Klaus Conrad and Dale W. Jorgenson: methodology
  • data and purchasing power parities
  • empirical results. Part 7 Japan-US industry-level productivity comparisons, 1960-1979, Dale W. Jorgenson et al: theoretical framework
  • an international comparison of sectoral patterns of growth
  • estimation of purchasing power parity indexes
  • international comparison of productivity levels. Part 8 Productivity and economic growth in Japan and the United States, Dale W. Jorgenson. Part 9 Productivity and international competitiveness in Japan and the United States, 1960-1985, Dale W. Jorgenson and Masahiro Kuroda: purchasing power parities
  • relative productivity levels
  • conclusion.

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