Productivity dynamics in Japan and the negative exit effect
Productivity dynamics in Japan and the negative exit effect
复制标题
日本的生产率动态和负面退出效应
DOI:
10.1111/coep.12546
复制
发表时间:
2022
影响因子:
1.5
通讯作者:
Fukao Kyoji
中科院分区:
文献类型:
--
作者:
Ikeuchi Kenta;Kim YoungGak;Kwon Hyeog Ug;Fukao Kyoji
Previous studies on productivity dynamics in Japan have suggested that one of the reasons for sluggish productivity growth in the economy was that highly productive firms exit the market, giving rise to a negative exit effect. This study is the first using census data and a large‐scale micro data set to verify the negative exit effect in Japan. We conduct analyses of productivity dynamics using the micro data. The results show that there is indeed a negative exit effect in Japan and that this is driven mainly by the exit of a small number of highly productive firms.