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• W2980139069 abstract "This research analyzes economic dynamism by using establishment-level panel data constructed by using following censuses conducted by Japanese government the Establishment and Enterprise Census of Japan, Economic Census for Business Frame, and Economic Census for Business Activity. The analysis revealed following. 1) The majority of employment fluctuations are due to entry and exit of business establishments. Employment fluctuations due to resource allocation among surviving establishments was limited. 2) In past, main source of new employment creation was entrance of single business establishments, but in recent years role of newly opened branches of large firms has become comparatively larger. 3) Decomposition of labor productivity growth brought about by resource reallocation shows that average improvement of labor productivity for new entries was 92,000 yen, effect of resource allocation among surviving establishments was 56,000 yen, but that exit of establishments reduced labor productivity by about 137,000 yen. 4) The majority of improvement in labor productivity was a result of branch establishment. The effect of M & A among firms is limited and most of improvements do not involve changes of ownership of establishments. 5) About 60% of entry effect was from newly established firms. 6) Labor productivity (added value per employee) is highly skewed among business establishments, and more than half of value-added produced throughout economy is from 20% of top business establishments. 7) The growth rate of total factor productivity tends to be higher for industries with larger disparities in labor productivity among business establishments. 8) Most of entry and exit effects are caused by entry and exit of small number of highly productive establishments. It is more prominent in non-manufacturing industries such as accommodation and food service industry and wholesale and retail industry." @default.
• W2980139069 created "2019-10-18" @default.
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• W2980139069 date "2019-01-01" @default.
• W2980139069 modified "2023-09-27" @default.
• W2980139069 title "Industry Dynamics from Resource Redistribution in the Japanese Economy—Empirical research using Economic, Establishment and Enterprise Censuses of Japan (Japanese)" @default.
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