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일본에서의 생산성 하락과 임금저하

Declining Productivity and Wages in Japan

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주제분류경제학

초록

본 논문에서 잃어버린 20년동안 생산성이 하락하고, 임금이 낮아졌음을 확인했고, 두 변수가 연관되어 있음을 확인했다. 이 결과로부터 일본경제가 장기침체에 빠진 원인이 생산성 하락이라는 구조적인 문제 뿐만 아니라 생산성 하락에 기인한 임금 저하로 유효수요의 감소도 있었기 때문임을 알 수 있었다.

Abstract

In this study, we find that Japan’s productivity and wages have been declining over the past two decades. We also confirm that productivity and wages are significantly related. These results show that the cause of Japan’s secular stagnation is not only the decline in productivity arising from structural issues, but also the decrease in effective demand due to reduced wages resulting from the declining productivity.

참고문헌 (24)

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