The Political Economy of Productivity: Analysis of the Effects of Public Policy on Productivity Growth in OECD Countries
| Project/Area Number |
25518012
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
公共政策
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| Research Institution | The University of Kitakyushu |
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Principal Investigator |
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| Research Collaborator |
Danforth Benjamin US Social Security Administration, Office of Economic Analysis and Comparative Studies, Social Science Research Analyst
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| Project Period (FY) |
2013-04-01 – 2018-03-31
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| Project Status |
Completed (Fiscal Year 2017)
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| Budget Amount *help |
¥4,810,000 (Direct Cost: ¥3,700,000、Indirect Cost: ¥1,110,000)
Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2015: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
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| Keywords | 経済成長 / 公共政策 / 人的資本投資 / 教育政策 / 家族政策 / 労働市場政策 / 生産性の成長 / 社会投資 / 生産性 / 政府の人的資本投資政策 / 先進諸国の政治経済 / 再分配政策 / OECD諸国の政治経済 / 家族支援政策 / OECD諸国の政治・経済 |
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| Outline of Final Research Achievements |
The purpose of this study is to examine whether and how human capital formation policies by governments―such as education, family support, and labor market policies―promote productivity growth in OECD countries. The findings are that education and family support spending promotes productivity growth. I also find that there are four worlds of productivity growth among OECD countries by decomposing labor productivity growth into multifactor productivity (MFP) growth and capital deepening. The four worlds are: (1) human capital investment- and MFP growth-dominant Nordic countries; (2) physical capital investment- and labor productivity growth-dominant liberal countries; (3) continental European countries whose moderately high human capital investments create decently high MFP growth, but whose low physical capital investments push down their labor productivity; and (4) South European countries with both the lowest human capital investment and lowest productivity growth.
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Report
(6 results)
Research Products
(9 results)
