U.S. and Japanese Economic Growth, 1952-1974: An International Comparison

Jorgenson, Dale W.; Nishimizu, Mieko

doi:10.2307/2231974

Cited by 167 publications

(67 citation statements)

References 12 publications

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“…The concept is based on Hall and Jorgenson (1967), as adapted by Jorgenson and Nishimizu (1978) for cross-country comparisons. The relative rental price p K , aggregated over A assets, is computed as…”

Section: Data For Manufacturing Total Factor Productivity Levels Acromentioning

confidence: 99%

The Role of Resource Misallocation in Cross-Country Differences in Manufacturing Productivity

2016

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Misallocation of resources across firms leads to lower aggregate productivity. In this paper, we provide new estimates of manufacturing productivity differences across countries and establish by how much they would be reduced if such misallocation were eliminated. Using World Bank survey data for formal manufacturing firms in 52 low-and middle-income countries, we show that manufacturing productivity would increase by an average of 62%, but productivity gaps relative to the United States would remain large. We also find that lower-income countries do not have more to gain from reducing misallocation, as efficiency of resource allocation is uncorrelated with income levels.

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Section: Data For Manufacturing Total Factor Productivity Levels Acromentioning

confidence: 99%

The Role of Resource Misallocation in Cross-Country Differences in Manufacturing Productivity

2016

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“…The countries are: South Africa, Ghana, Kenya, Tanzania, Cote d"Ivoire, Botswana, Zambia, Cameroon, Ethiopia and Senegal. Kafkalas et al (2014) put forward a model to measure tax evasion by modifying the existing bilateral approach of the Jorgenson and Nishimizu (1978). The function is as follows:…”

Section: Methodsmentioning

confidence: 99%

“…Oberholzer (2008) argued that there are taxpayers who are not willing to pay taxes as they do not get anything in return therefore they have an immoral behavior towards the government. Kafkalas et al (2014) had established a logarithmic model inspired from Jorgenson and Nishimizu (1978), where he had measured its dependent variable, the rate of tax evasion on, the independent variables: the quality of regulation framework and tax auditing mechanism, the real per capita GDP, the rate of tax and the tax revenue. Kafkalas et al (2014) used a cross sectional data for two categories of countries, firstly 110 non OECD countries and secondly 35 OECD countries for one period of time, 2011.…”

Section: The Impact Of Tax Evasionmentioning

confidence: 99%

Tax evasion: Empirical evidence from sub-Saharan Africa

Aumeerun¹,

Jugurnath²,

Soondrum³

2016

J. Account. Taxation

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Tax is the income which is paid to the government in order to fulfill the need of the public. However tax evasion is the act of not paying the tax by use of illegal ways. Allingham and Sandmo being the first researchers studying the tax evasion found a relationship of tax evasion with low penalty fees and a low detection. The tax evasion basically is affected by various factors but it also affects many economic factors. Sub Saharan Africa being a developing region is facing the phenomenon of tax evasion in a crucial way. This study measures the impact of the tax evasion on the Gross Domestic Product (GDP) per capita of Sub Saharan Africa. The relationship between the GDP per capita and tax evasion is tested using the generalized least squared whereby it is found that there is a positive impact of tax evasion on the GDP per capita however the p-value states that the tax evasion is insignificant and is not an important component for the determination of the GDP per capita. Moreover in the presence of tax evasion, this study shows that GDP per capita has also a negative relationship with the Foreign Direct Investment (FDI), positive relationship the Gross Domestic Fixed Capital Formation (GDFCF), a favorable connection with the export, a negative relationship with the import, a positive impact on the inflation and a negative relationship with the government expenditure. To fight against tax evasion for the economic benefit of Sub Saharan Africa, it is advised to review the tax system, to implement strict and severe penalties and very high fines for tax evaders. Moreover, the tax authorities of Sub Saharan Africa need to appoint more experts in auditing department to be able to detect the non-compliance tax payers easily and rapidly

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“…Jorgenson and Nishimizu (1978) initiate the relative form of the time series approach to international TFP comparison. In this paper, the authors conduct a growth accounting exercise for the US and Japan by considering their data in the relative form.…”

Section: Time Series Approach In the Relative Formmentioning

confidence: 99%