2009
DOI: 10.1111/j.1468-5876.2008.00467.x
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Quantity or Quality: The Impact of Labour Saving Innovation on Us and Japanese Growth Rates, 1960-2004*

Abstract: This article deals with both theoretical and empirical analyses of the post‐war (1960–2004) growth for the USA and Japan. We investigated three factors contributing to growth: the growth rates of capital, labour and labour saving innovation. In Japan, the growth rate of the labour force has been much less important than its quality improvement—i.e. labour saving technical change—while in the USA, the growth rates of labour and population have contributed more than their quality improvement. The policy implicat… Show more

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Cited by 24 publications
(10 citation statements)
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“…Many scholars have empirically studied the performance of technology bias in various fields. Sato and Morita's [28] research on labor-saving technological innovations in Japan and the United States found that such advances were beneficial to productivity. Yang et al [29] used the stochastic frontier approach (SFA) to study the technology bias and elasticity of substitution of R&D activities in the Chinese manufacturing industry.…”
Section: Related Research On the Bias Of Technological Changementioning
confidence: 99%
“…Many scholars have empirically studied the performance of technology bias in various fields. Sato and Morita's [28] research on labor-saving technological innovations in Japan and the United States found that such advances were beneficial to productivity. Yang et al [29] used the stochastic frontier approach (SFA) to study the technology bias and elasticity of substitution of R&D activities in the Chinese manufacturing industry.…”
Section: Related Research On the Bias Of Technological Changementioning
confidence: 99%
“…According to the changes in the relative marginal output of production factors caused by technological progress, Hicks (1932) defined biased technological progress, and Acemoglu et al (1998Acemoglu et al ( , 2002Acemoglu et al ( , 2007Acemoglu et al ( , 2012 further enriched the research on it. Since then, research on technological progress bias has gradually increased, and some scholars have empirically verified the existence of capital biased technological progress in developed countries (Klump et al 2007;Sato and Morita 2009). Biased technological progress measurements include parametric and non-parametric methods.…”
Section: Introductionmentioning
confidence: 99%
“…Напрями стабільного економічного розвитку тієї чи іншої країни в ринковому середовищі та підвищення її ВВП досліджували науковці: Сполучених Штатів Америки (Antràs, 2004), Японії (Sato & Morita, 2009) Зокрема, багато науковців із різних країн уважають ролі науки й науково-технічного прогресу головними в економічному зростанні та формуванні ВВП. Це стосується рівня фінансування науково-дослідних та дослідно-конструкторських робіт (НДДКР), впливу державної політики на бізнес-НДДКР (Minniti & Venturini, 2017); державної підтримки високотехнологічних галузей (Ponomarenko et al, 2018;Shmygol et al, 2021); міжнародного фінансування НДДКР (Huang et al, 2017); невизначеності в інвестиціях та дослідженнях і розробках (Vo & Le, 2017).…”
Section: огляд літературиunclassified