Constraints on the Level and Efficient Use of Labor in Japan / Hiroshi Ono, Marcus E. Rebick.

Format:

Book

Author/Creator:

Ono, Hiroshi.

Contributor:

National Bureau of Economic Research.

Rebick, Marcus E.

Series:

Working Paper Series (National Bureau of Economic Research) no. w9484.

NBER working paper series no. w9484

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2003.

Summary:

We examine a number of personnel practices, laws and regulations that lower the supply of labor in the Japanese economy. Broadly speaking, there are two kinds of impediments, those that restrict the movement of labor between firms, and those that discourage women from participating to a greater extent. Using other OECD countries and especially the United States as a benchmark, we estimate that removal of these barriers would increase the productive labor supply in Japan by some 13 to 18 percent and thus could raise the potential growth rate of the Japanese economy by roughly 1% per annum over a ten-year period.

Notes:

Print version record

February 2003.