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The labor share in Japan has been declining significantly over the last three decades, accompanied by persistent …, the existing literature on the labor share in Japan is rather limited and confined to country or industry studies. We … first attempt to analyze the drivers of the labor share in Japan at the firm level. To this aim, we employ a panel of …
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We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese prefecture-level data from 1874 to 2008, we find support...
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