This PDF is a selection from an out-of-print volume from the National Bureauof Economic Research

Volume Title: Productivity Growth in Japan and the United States

Volume Author/Editor: Charles R. Hulten, editor

Volume Publisher: University of Chicago Press

Volume ISBN: 0-226-36059-8

Volume URL: http://www.nber.org/books/hult91-1

Conference Date: August 26-28, 1985

Publication Date: January 1991

Chapter Title: List of contributors, Indexes

Chapter Author: Charles R. Hulten

Chapter URL: http://www.nber.org/chapters/c8456

Chapter pages in book: (p. 437 - 448)

Contributors

Emst R.Bemdt Sloan School of Management Massachusetts Institute of Technology 50 Memorial Drive Cambridge, MA 02139

Mary Jean Bowman Department of Economics University of Chicago 1126 East 59th Street Chicago, IL 60637

Masako Darrough Business School Columbia University International Affairs Building New York, NY 10027

Edwin Dean Bureau of Labor Statistics U.S. Department of Labor 441 G Street, NW Washington, DC 20212

W. Erwin Diewert Department of Economics University of British Columbia Vancouver, British Columbia V6T 1W5 Canada

Romesh Diwan Department of Economics Rensselaer Polytechnic Institute Troy, NY 12180

Melvyn Fuss Department of Economics University of Toronto 150 St. George Street Toronto, Ontario M5S 1Al Canada

Zvi Griliches National Bureau of Economic Research 1050 Massachusetts Avenue Cambridge, MA 02138

Fumio Hayashi Department of Economics The University of Pennsylvania 3718 Locust Walk Philadelphia, PA 19104

Charles R. Hulten Department of Economics University of Maryland College Park, MD 20742

Hajime Imamura Department of Economics Toyo University 28-20, 5 Chome, Hakusan

Japan

Dale W. Jorgenson Department of Economics Harvard University Littauer Center 122 Cambridge, MA 02138

Bunkyo-kU, Tokyo 112,

437

438 Contributors

Tatsuya Kikutani Faculty of Business Administration Kyoto Sangyo University Motoyama, Kamigamo, Kita-ku Kyoto 606, Japan

Masahiro Kuroda Faculty of Business and Commerce Keio University 15-45, Mita 2-chome Minato-ku, Tokyo 108 Japan

Alice C. Lam Suntory Toyota International Center London School of Economics and Politi-

London WC24 2AE, United Kingdom cal Science

Jacques Mairesse Institut National de la Statistique et des

18, Boulevard Adolphe-Pinard 75675 Paris Cedex 14 France

Etudes Economiques

Edwin Mansfield Department of Economics Wharton School University of Pennsylvania Philadelphia, PA 19104

Shunseke Mori Department of Economics Science University of Tokyo Tokyo, Japan

Catherine Morrison Department of Economics Tufts University Medford, MA 02155

M. Ishaq Nadiri National Bureau of Economic Research 269 Mercer Street, 8th Aoor New York. NY 10003

Arthur Neef Bureau of Labor Statistics U.S. Department of Labor 441 G Street, NW Washington, DC 20212

J. R. Norsworthy Department of Economics Rensselaer Polytechnic Institute Troy, NY 12 180

Walter Y. Oi Department of Economics University of Rochester Rochester, NY 14627

Ingmar R. Prucha Department of Economics University of Maryland College Park, MD 20742

Hikam Sakuramoto Faculty of Business and Commerce Keio University 15-45, Mita 2-chome Minato-ku, Tokyo 108 Japan

Takamitsu Sawa Kyoto Institute of Economic Research Kyoto University

Kyoto 606, Japan Sakyo-kU

Robert M. Schwab Department of Economics University of Maryland College Park, MD 20742

Toshiaki Tachibanaki Kyoto Institute of Economic Research Kyoto University

Kyoto 606, Japan Sakyo-ku

Hong W. Tan The Rand Corporation 1700 Main Street P.O. Box 2138 Santa Monica, CA 90406

Leonard Waverman Department of Economics University of Toronto 150 St. George Street Toronto, Ontario MSS 1Al Canada

439 Contributors

David 0. Wood Center for Energy Policy Research Massachusetts Institute of Technology One Amherst Street (E40-437) Cambridge, MA 02139

Craig A. Zabala School of Management Rensselaer Polytechnic Institute Troy, NY 12180

Kanji Yoshioka Keio Economic Observatory Keio University 15-45, Mita 2-chome Minato-ku, Tokyo 108 Japan

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Author Index

Abel, A. B., 142 Abraham, Katherine, 387,401 Abramovitz, Moses, 197n8 Altonji, Joseph, 387,401 Aoki, M., 280 Atoda, N., 305

Bank of Japan, 213 Barnow, Bart, 402 Bartel, Ann, 388 Baumol, William, 24n7, 107nl Becker, Gary S., 387-88 Bemdt, Emst R., 24n9,90, 115, 142, 145,

152, 1651110, 167, 174, 197~10,11, 262n35, 375n1

Binswanger, H. P., 82nn2,3,4,431n4 Blackman, Sue Anne B., 24n7 Blades, Derek, 230,252, 254 Bound, J., 337n8, 338n12 Bruno, M., 334

Cain, Glen, 402 Caves, D. W., 54n2 Chapman, Bruce, 393 Chinloy, Peter, 19, 373 Christensen, Lawits R., 6, 54nn2,6,7,

Chung, William K., 239, 252,350 Cole, Robert E., 401 Conrad, K., 54n3,99, 165nl Council of Economic Advisers, 337nl Cummings, Dianne, 6,54n2, 239 Cumins, C., 337n8 Cuneo, P., 318, 330, 338n20

82nn1,2,239, 375111

Dean, Edward, 252, 262n35 Delaney, J. T., 431112 Denison, Edward, 8,23111, 173, 196n3,

Denny, M., 54n2, 87, 104, 115, 123,212 Diewert, W. E., 4,54nn2,7, 167, 169-70,

Dixit, A., 226n1 Dollar, David, 6,9-10, 24118

197n9,239,252, 350

197n6, 201-2,206, 210-11,226n2, 353

Egaizu, N., 350, 371 Englander, A. Steven, 6 Enos, John L., 388 Epstein, L., 132n13, 170

Farber, Henry, 387,401 Faucett, Jack G., 247 Flath, D., 277 Fraumeni, B. M., 54n5,82n2,219-20,

Fuji, Yoshifumi, 164 Fullerton, Don, 16,237, 258n10, 268-69,

Fuss, Melvyn A., 24n9, 54n2, 82n8, 87,91,

338n17,387,392,402

280, 286

100-101, 104, 107nn1,6,7, 115, 123, 142,212

Goldberger, A., 402 Gollop, F. M., 54115, 338n17, 387, 392,402,

Goto, A. 339n29 Griliches, Zvi, 23111, 100, 132nl1, 197n9,

405n10,420,430

318, 330, 337nn6,8, 338nn14,16,18-20, 339n28. 346-47

441

442 Author Index

Grossman, E. S., 109 Gullickson, William, 258119

Hall, B. H., 337118, 339n28, 347 Hall, Robert E., 15,297, 304, 315n4, 386 Hanami, T., 412, 417 Harper, Michael .I., 258119 Hashimoto, Masanori, 386-88, 395, 405114 Hata, K., 305 Hayashi, Fumio, 275-76, 302-3, 305, 347 Heston, A., 30, 33 Higuchi, Yoshio, 401 Hollander, Samuel, 388 Homma, M., 305 Hulten, Charles R. , 5, 23nn1,4, 196, 197115,

231, 239,261n25, 315117, 375111

Ichioka, O., 290 Iwata, H., 337n2

Jaffe, A,, 337118, 347 Jang, S. L., 431nl Japan, Economic Planning Agency, 129-30,

238-39,245, 247-48, 258nn12,17, 260n19,261n22, 305

Japan, General Management Agency, 306 Japan, Management and Coordination

Japan, Ministry of Finance, 261n21 Japan, Statistics Bureau, 130 Jorgenson, Dale W., 5-6.9, 15, 23n1, 31,

41-43, 50-51, 54nn2-3,5-7, 59-60, 63.70, 82nnl-2,5-8, 99, 165111, 197n9, 221, 231, 239,252, 258nn10,11, 262n37, 297, 304, 315114, 3381117, 339n23, 386-87,392,402,40SnlO, 420,430

Agency, 262n39

Jovanovic, Boyan, 393

Kendrick, John, 23n1, 196n1, 252 King, Mervyn, 16, 237, 2581110, 268-69,

280, 286 Kohli, U. J. R., 202 Koji, T., 419 Kosai, Y., 282 Kravis, Irving, 30, 33 Kuratani, Masatoshi, 387 Kuroda, Masahiro, 9, 31,41-43, 50-51,

54n4,59-60,63,70, 82n2, 99, 165111, 231,239, 252, 2581111, 262n37, 3381117, 339n23, 386-87, 392

Lach, S., 347 Laderman, E., 337n8

Laffont, J.-J., 63 Lam, Alice C., 414,416-17 Lau, Lawrence, 54nn6,7, 82nn1,2,7, 114,

Lazear, Edward, 387, 399,405118 Levine, S. B., 419 Levy, David, 344 Lichtenberg, Frank, 338nn16,19-20, 347,

388,432 Lillard, Lee, 400

139

MacDuffie, J. P., 418 McFadden, D. 82118, 107nl McRae, Robert, 174 Madan, D. B., 132nn13,14, 170 Maddison, Angus, 23nl Mairesse, Jacques, 100, 246, 2581110, 318,

Malmquist, D. H., 56, 102, 112, 120, 330, 338nn14.20, 346-47

131n1, 136, 145, 160, 165nn1,8-9,11, 171111, 231, 239,412,420,428

Mansfield, Edwin, 342, 344, 345nnl-6,9,11 Mark, Jerome A,, 258114 May, J. D., 87 Mellow, Wesley, 387 Mincer, Jacob, 393,401 Mittelstadt, Axel, 6 Mohnen, P. A,, 118, 131n7, 132n14, 171n1,

Mori,Shunseke, 174, 197n10 Mork, Knut A,, 139 Morrison, Catherine J., 115, 137-38, 142,

337n2

152, 157, 165nn3-6,9-11, 201-2, 210- 11, 226n2

Mundlak, Y., 82118 Mundy, J., 337118

Nadiri, M. Ishaq, 23n1, 118-19, 123, 131, 131nn4,5,7, 132nn13.14, 165n10, 171n1, 337n2

National Science Foundation, 129, 324 Neef, Arthur, 252,262n35 Nishimizu, Mieko, 5-6,9, 31,41-43, 50-

51, 54n3,59-60, 63.70, 82nn5,6,99, 165111,230-31, 235, 238-39.252, 258nll,261n31, 262n37, 338n17, 339n23, 386,420

Noguchi, Y., 275, 282 Norman, V., 226n1 Norsworthy, John R., 56, 101-2, 112, 120,

131111, 136, 145, 160, 165nn1.8-9.11, 171n1, 231, 239,411-12,420,428, 43InnI,5,432n6

443 Author Index

Odagiri, H., 337n2 Ogura, M., 282 Oi, Walter, 387 Okimoto, Daniel, 34517 Organization for Economic Cooperation and

Development (OECD), 130, 323, 338111 1

Pakes, A., 347 Parsons, Donald, 399 Patrick, Hugh, 23111 Peck, M. J., 337115 Powers, Susan, 2621138 Prucha, I. R., 118-19, 123, 131,

131nn4,5,7, 132nn13.14, 1651110, 170, 171n1, 337n2

Raisian, John, 386-87, 395 Ratcliffe, Charles T., 259n13, 2601119 Robertson, James W., 196 Robinson, S., 54113 Romeo, Anthony, 344 Rosovsky, Henry, 23nl

Sachs, J., 334 Salop, Joanne, 387, 399,405118 Salop, Steven, 387, 399,40518 Samuelson, Paul A,, 82111 Sato, Ryuzo, 135-37, 160, 165111 Savin, N., 90 Sawa, Takamitsu, 145, 174, 197n10 Saxonhouse, Gary, 390 Schankerman, M., 119, 3381120, 347 Scherer, F. M., 344 Schultz, Theodore W., 388 Setzer, Francis, 388 Shakotko, Robert, 387,401 Shimada, H., 370, 387,413,417-19 Shoven, John, 16, 267-68, 270, 275-77,

Siu, A., 347 Sockell, D., 431x12 Solow, Robert M., 4, 18,23111 Sullivan, Martin A., 2581110 Summers, Lawrence, 30, 33

283, 287-88, 290

Suzawa, Gilbert S., 135-37, 160, 165111 Suzuki, K., 339n29 Switzer, Lome, 344

Tachibanaki, Toshiaki, 16, 267-68, 270,

Taira, Koji, 389 Tajika, E., 275-76 Tan, Hong W., 387, 390-91, 393,400,402,

Terleckyj , Nestor, 344 Thomas, James, 252, 2621135

275-77,283,287-88, 290, 350

40411 1

Uchida, Mitsuho, 164 U.S. Department of Commerce, Bureau of

Economic Analysis, 129, 219, 221 U.S. Department of Labor, 219,221, 235 U.S. Department of Labor, Bureau of Labor

Uno, Kimio, 239 Statistics, 257nn3,4

Varian, Hal, 107111 Viner, Jacob, 107n6

Wada, Y., 276 Waldorf, William H., 258114 Ward, Michael, 230,254 Watanabe, T., 350, 371 Waverman, L., 91, 100-101, 107nn1,6,7,

Welch, Finis, 387-88 Wolff, Edward N., 6, 9-10, 24nn7,8 Wood, David O., 145, 167, 174, 197nn10,ll Woodland, A. D., 206,236111 Wykoff, Frank C., 196, 197115,2611125,

115, 123

3 15117

Yasuba, Yasukichi, 389-90 Yatchew, A., 1321113, 170 Yoshino, N., 282 Yoshioka, K., 82n2 Yui, Y., 275-76

Zabala, C. A,, 101,411-12,415,417,420, 422,428,431nn1,5,432n6

Subject Index

Annual Report on the Corporate Sector (ARCS) data series, 232-55

Capacity utilization (CU), 141-43; elasticities of, 161-62; indexes for, 150

Capital stock measurement, 229-31,254-55, 265-66. See also Double benchmark method; Perpetual inventory method

Catching up hypothesis, 21, 57 Census of Manufactures (CM) data series,

Cholesky factorization, 64, 75-76 CM. See Census of Manufactures data series Competitiveness, international: defined mea-

232-55

sure of, 29-30, 39-41; index as measure of Japanese/U.S., 33. See also Price, rel- ative; Purchasing power parity

Constant elasticity of substitution (CES), 181 Constant share elasticities (CSE), 61, 63-64 Cost efficiency (CE) growth, 87; decomposi-

tion of growth sources for, 87-90. See also Tomqvist index

Cost elasticities, 423 Cost function model, translog, 421-23; to

analyze cost and TFP growth rates, 86- 90, 92-100, 104-7; estimation results of, 90-92,423-29; minimum, 3; re- stricted form, 138-44, 167-68. See also Generalized Leontief cost function

Cost of capital, 300-304 CRTS. See Long-run constant returns to scale CU. See Capacity utilization Currency value fluctuations, 36-37

Data sources: capital stock measurement, 232; electrical machinery industry analy- sis, 128-30; fixed input analysis, 145; Japanese-U.S. labor market analysis, 386-87, 391-92; labor disputes analysis, 419-20; labor input analysis, 359; mea- surement of tax-adjusted Q, 304-5; mo- tor vehicle industry analysis, 100-103; productivity growth trends comparison, 324, 327; R&D expenditure comparison, 321, 323-24, 335; terms of trade and productivity, 213, 219, 221

Depreciation allowances, 297, 306 Double benchmark method, 230-31,254-55,

265-66

Economic growth, aggregate: analysis of, for individual industries, 4; analysis using competitive equilibrium approach, 3; analysis using decomposition techniques, 2-3; sources of, 3-8

and United States for, 50-51, 56-57; of Japan, 1,4-6, 21; pre- and post-oil- price-shock period, 110-13, 123; of United States, 21

ries, 232-55

Economic performance: estimates in Japan

Economic Planning Agency (EPA) data se-

Elasticities of substitution, 157-61, 167, 423 Elasticity. See Capacity utilization; Constant

share elasticities; Cost elasticities; Out- put elasticities, Price elasticities, Scale

444

445 Subject Index

elasticity; Shadow value elasticities; Share elasticities

Energy crisis. See Oil price shock, Price, en- ergy

Enterprise tax, 297-300 EPA. See Economic Planning Agency data

series

Factor demand model, 110, 113-15; esti- mates using, 115-19; system of equa- tions for, 126-28

Generalized Leontief (GL) cost function: al- ternative extensions of, 168-71; re- stricted, 138-44, 167-68

Growth accounting, 55-56

Horndal effect, 388

Index-number approach, 2 1 Industry classification, 41-42, 51-52, 60 Inflation, 36-37 Innovation process, 341-42 Investment: comparison of Japan and United

States, 175-79; response to oil price shocks of, 175-79; tax credit for, 297

Investment datz, Japan, 238-44

Labor input measurement model, 351-59 Labor market, Japan: research in dualism

practices in, 389-91; sectoral perform- ance of, 360

430; dispute-resolution mechanisms, Labor relations: developments in Japan for,

412-19 Long-run constant returns to scale (CRTS),

138-43

Multifactor productivity (MFP) growth model: if alternative method to estimate capital stocks is used, 233-36; to esti- mate capital stocks, 232-33, 265; related to oil price shock, 179-87

National wealth surveys (NWS), Japan, 238,

NEEDS data base (Nihon Keizai Shimbun), 244-45, 249-50, 305

321-24, 335-37

Oil price shock, 1,46-47,50, 57, 135-37,

Output elasticities, electrical machinery in- 150, 173-74

Perpetual inventory method, 229-30, 254-55 Price, relative: comparisons of Japan and

United States, 33-39; growth rate of in- put, 40-41; purchasing power parities as reflection of, 30

Pnce elasticities, electrical machinery indus-

Price indices, 32 Prices, energy, 175-79; comparison of Japan

and United States, 175-79; effect of changes in, 179-87; growth rates of, 40-41; purchasing power parity for in- puts, 36

Producer behavior: biases of technical change, 61; model of, 59-63; share elas- ticity with respect to quantity, 61

Production process: analysis of, 22; flexibility of, 157-63; models of, 31-32, 51-53, 56-57, 59-70; translog cost model to represent, 421-23

ward, 201; general equilibrium approach to illustrate, 202-4

try, 118-19

Production shift: factors contributing to out-

Production theory approach, 204-5 Productivity analysis: effect of worker atti-

tudes on, 41 1-12; methodological ad- vances for, 21-22. See also Total factor productivity

Productivity growth, 50-51, 175-79; electri- cal machinery industry, 120-24; indexes of, 59; related to oil price shocks, 175- 79

Productivity indexes, United States, 222-23 Productivity levels: measurement of relative,

31.41-51; trend of differences in, 43,46 Purchasing power parity: estimates of, 30-31,

33-34; inputloutput, 34-36; to summa- rize relative prices, 30; between yen and dollar, 32

Q theory of investment, 295. See also Tax- adjusted Q

RCIS. See Report on the Corporate Industry Investment Survey data series

R&D expenditures, industrial: degree of gov- ernment financing, Japan and United States, 321, 344; differences in innova- tion process of, 341-42; disaggregation for, 341; in electrical machinery indus- try, 112; for Japan and United States,

dustry, 118-19 318-21

446 Subject Index

Report on the Corporate Industry Investment Survey (RCIS) data series, 232-55

Sales function analysis, 205-8 Scale elasticity, 117, 119-20, 124-25 Shadow-value elasticities, 161-62 Share elasticities, 64, 66 Substitutibility, 157-64

Tax-adjusted Q, 295-96; measurement of, 304-1 I ; relation to investment-capital ra- tio of, 300-312

Tax-free reserves, 296-300 Tax rates, effective: on capital income, Japan

and United States, 288-89; defined, 236-38; estimation for capital income of marginal, 268, 292; estimations of, 278- 80

Tax system, Japan: corporate tax rate and en- terprise tax, 270-72; Corporation Tax Law, 295-97; depreciation measures of, 272-75; evaluation of tax policy for, 280-89; for investment tax credit, 297; simulation of policy issues, 290-92; Special Taxation Measures Law, 296-97; tax-free reserves of, 275-76, 296-300. See also Depreciation allowances; Enter- prise tax; Investment; Tax-free reserves

Tax wedge, 236-37 Technological change: bias in producer be-

havior of, 61-63; contribution to total factor productivity growth of, 124; in electrical machinery industry, 114-26;

estimates using model of production for, 63-70; Japan’s rate of, 9, 342-44; rela- tion to investment in human capital of, 387-91,403-4

Technology differences, Japan and the United States, 61-70, 73

Technology-specific skills: model of, 388-89, 403; testing hypothesis using wage model, 393-94

TFP. See Total factor productivity Tornqvist index, 87, 104-7, 123 Total factor productivity (TFP): decompsi-

tion of growth, 87-90, 123-24, 130-31; defined, 4; to explain trade patterns, 5; in Japan and United States, 6; measure- ment of growth of, 87; using cost func- tion analysis, 92-100. See also Cost effi- ciency growth

tions Trade unions, 416-19. See also Labor rela-

Translog cost function, 104-7

u (measures of discard and depreciation), 230, 234-38; assessment of data for, 248-54

Value shares, in producer behavior, 61-63 See also Constant share elasticities

Wage model, 393-403 Worker attitudes and economic growth, 413-

35

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