| Budget Amount *help |
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2011: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2009: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
|
|---|
| Research Abstract |
The embodied technological progress implies high productivity growth in investment intensive sectors. At the same time, it may account for low productivity growth in the Japanese economy after 1990s, which investment appears to be stagnated. This research drives the framework of embodied technological progress explicitly taking into account material input in firm-level production process. We also consider the aggregation problem of industry-level(or firm-level) embodied technological progress into macro-economy. Using these frameworks we show that the embodied technological progress is non-negligible factor of productivity growth in the Japanese economy after 1990s.
|
