Revisiting Baumol’s growth disease in Japan

References

• Baumol, W. 1967. “Macroeconomics of Unbalanced Growth: The Anatomy of Urban Crisis.” American Economic Review 57 (3):415–426.
   Web of Science ®Google Scholar
• de Avillez, R. 2012. “Sectoral Contributions to Labour Productivity Growth in Canada: Does the Choice of Decomposition Formula Matter?” International Productivity Monitor 24:97–117.
   Google Scholar
• Dietrich, A. 2012. “Does Growth Cause Structural Change, or Is It the Other Way around? A Dynamic Panel Data Analysis for Seven OECD Countries.” Empirical Economics 43 (3):915–944. doi:10.1007/s00181-011-0510-z.
   Web of Science ®Google Scholar
• Diewert, W. E. 2015. “Decompositions of Productivity Growth into Sectoral Effects.” Journal of Productivity Analysis 43 (3):367–387. doi:10.1007/s11123-014-0392-0.
   Web of Science ®Google Scholar
• Dumagan, J. C. 2013. “A Generalized Exactly Additive Decomposition of Aggregate Labor Productivity Growth.” Review of Income and Wealth 59 (1):157–168. doi:10.1111/j.1475-4991.2012.00511.x.
   Web of Science ®Google Scholar
• Franke, R., and P. Kalmbach. 2005. “Structural Change in the Manufacturing Sector and Its Impact on Business-Related Services: An Input–Output Study for Germany.” Structural Change and Economic Dynamics 16 (4):467–488. doi:10.1016/j.strueco.2004.09.001.
   Google Scholar
• Fukao, K. (Ed.). 2012. Lost Two Decades and Japanese Economy. Tokyo: Nihonkeiazi Shinbunsha. (in Japanese).
   Google Scholar
• Hartwig, J. 2008. “Productivity Growth in Service Industries: Are the Transatlantic Differences Measurement-Driven?” Review of Income and Wealth 54 (3):494–505. doi:10.1111/j.1475-4991.2008.00284.x.
   Web of Science ®Google Scholar
• Hartwig, J. 2011. “Testing the Baumol–Nordhaus Model with EU KLEMS Data.” Review of Income and Wealth 57 (3):471–489. doi:10.1111/j.1475-4991.2010.00409.x.
   Web of Science ®Google Scholar
• Hartwig, J. 2012. “Testing the Growth Effects of Structural Change.” Structural Change and Economic Dynamics 23 (1):11–24. doi:10.1016/j.strueco.2011.09.001.
   Google Scholar
• Hartwig, J. 2019. “Further Insights into ‘Baumol’s Disease ‘in Japan’.” Economics Bulletin 39 (4):2308–2316.
   Web of Science ®Google Scholar
• Hayashi, F., and E. C. Prescott. 2002. “The 1990s in Japan: A Lost Decade.” Review of Economic Dynamics 5 (1):206–235. doi:10.1006/redy.2001.0149.
   Web of Science ®Google Scholar
• Ito, K., and S. Lechevalier. 2009. “The Evolution of the Productivity Dispersion of Firms: A Reevaluation of Its Determinants in the Case of Japan.” Review of World Economics 145 (3):405–429. doi:10.1007/s10290-009-0027-0.
   Web of Science ®Google Scholar
• Maroto-Sánchez, A., and J. R. Cuadrado-Roura. 2009. “Is Growth of Services an Obstacle to Productivity Growth? A Comparative Analysis.” Structural Change and Economic Dynamics 20 (4):254–265. doi:10.1016/j.strueco.2009.09.002.
   Google Scholar
• Morikawa, M., (Ed.). 2014. Productivity Analysis in Service Industries: An Empirical Analysis Using Microdata. Tokyo: Nihon Hyoronsha.
   Google Scholar
• Morikawa, M. 2019. “Japan’s Low Labor Productivity: The Gap with the U.S. and Complex Causes.” RIETI Newspapers & Magazines.
   Google Scholar
• Morikawa, M. 2016. Establishing Service Country. Tokyo: Nihon Keizaishinbunsha. (in Japanese)
   Google Scholar
• Nishi, H. 2016. “Structural Change and Transformation of Growth Regime in the Japanese Economy.” Evolutionary and Institutional Economics Review 13 (1):183–215. doi:10.1007/s40844-016-0034-5.
   Google Scholar
• Nishi, H. 2019. “Sources of Productivity Growth Dynamics: Is Japan Suffering from Baumol’s Growth Disease?” Review of Income and Wealth 65 (3):592–616. doi:10.1111/roiw.12363.
   Web of Science ®Google Scholar
• Nishi, H. 2022. “Industrial Sources and Unevenness of Regional Employment Resilience in Japan.” MPRA_paper_113530.
   Google Scholar
• Nishi, H., and K. Okuma. 2023. “Social Common Capital Accumulation and Fiscal Sustainability in a Wage-led Growth Economy.” PKES Working Paper 2305, No. PKWP2305.
   Google Scholar
• Nordhaus, W. D. 2008. “Baumol’s Diseases: A Macroeconomics Perspective.” The B.E. Journal of Macroeconomics 8 (1):1–37. doi:10.2202/1935-1690.1382.
   Web of Science ®Google Scholar
• Peneder, M. 2003. “Industrial Structure and Aggregate Growth.” Structural Change and Economic Dynamics 14 (4):427–448. doi:10.1016/S0954-349X(02)00052-8.
   Google Scholar
• Rial, A., and R. Fernández. 2023. “Does Tertiarisation Slow down Productivity Growth? A Kaldorian–Baumolian Analysis across 10 Developed Economies.” Metroeconomica 74 (1):188–222. doi:10.1111/meca.12409.
   Web of Science ®Google Scholar
• Rowthorn, R., and J. Wells. 1987. Deindustrialization and Foreign Trade. Cambridge: Cambridge University Press.
   Google Scholar
• Sharpe, A. 2010. “Can Sectoral Reallocations of Labour Explain Canada’s Abysmal Productivity Performance?” International Productivity Monitor 19:40–49.
   Google Scholar
• Sharpe, A., and E. Thomson. 2010. “Insights into Canada’s Abysmal Post-2000 Productivity Performance from Decomposition of Labour Productivity Growth by Industry and Province.” International Productivity Monitor 20:48–67.
   Google Scholar
• Tang, J., and W. Wang. 2004. “Sources of Aggregate Labour Productivity Growth in Canada and the United States.” Canadian Journal of Economics/Revue Canadienne d′Economique 37 (2):421–444. doi:10.1111/j.0008-4085.2004.00009.x.
   Web of Science ®Google Scholar
• Triplett, J., and B. Bosworth. 2003. “Productivity Measurement Issues in Services Industries: Baumol’s Disease Has Been Cured.” FRBNY Economic Policy Review 23 :33.
   Google Scholar
• Uemura, H., and S. Tahara. 2015. “The Theory of De-industrialization and Realities in Advanced Countries: Structural Change and Diversity.” Political Economy Quarterly 51 (4):18–33.
   Google Scholar
• Uzawa, H. 2005. Economic Analysis of Social Common Capital. Cambridge: Cambridge University Press.
   Google Scholar
• Yoshikawa, H. 2007. “Japan’s Lost Decade: What Have We Learned and Where Are We Heading?” Asian Economic Policy Review 2 (2):186–203. doi:10.1111/j.1748-3131.2007.00065.x.
   Web of Science ®Google Scholar