For some time, two major kinds of Total Factor Productivity (TFP) have existed independently of each other: the Solow residual and the Malmquist Productivity Index (MPI). The Solow residual was introduced in macr...For some time, two major kinds of Total Factor Productivity (TFP) have existed independently of each other: the Solow residual and the Malmquist Productivity Index (MPI). The Solow residual was introduced in macro economic growth models, and the MPI has been used in micro economics and management studies. As both indices were developed independently, few studies utilize both together and compare the results. This paper uses the same data to compare the two productivity indices by setting to determine the economic implications of combining the two indices. We discovered that we could decompose TFP with each aspect of the Soiow residual and MPI. We could then interpret their relationship in the business cycle. Our results indicated that the frontier shift in MPI of Japanese firms often occurred when the Solow residual increased, meaning that improving oroductivitv with the Solow residual could be generated by a firm that could shift new production frontiers.展开更多
The marine area of Japan, including territorial waters and the exclusive economic zone, is the sixth largest in the world at about 4,470,000 km2. Therefore, it is becoming necessary to establish appropriate means of t...The marine area of Japan, including territorial waters and the exclusive economic zone, is the sixth largest in the world at about 4,470,000 km2. Therefore, it is becoming necessary to establish appropriate means of transportation other than ships in order to utilize the area efficiently. In this respect, ultra-light seaplanes are attracting attention from the viewpoint of protecting the natural environment. Accordingly, JRPS (Japan Reinforced Plastics Society) is currently developing FRP (fiber-reinforced plastic) floats for such planes. In this study, we conducted simulations of seaplane behavior during alighting by using the smoothed particle hydrodynamics method, which is one of the functions in the PAM-CRASH solver, and we present the observed trend in the vertical acceleration of the floats as a first step toward deriving the impact force from analytical data.展开更多
文摘For some time, two major kinds of Total Factor Productivity (TFP) have existed independently of each other: the Solow residual and the Malmquist Productivity Index (MPI). The Solow residual was introduced in macro economic growth models, and the MPI has been used in micro economics and management studies. As both indices were developed independently, few studies utilize both together and compare the results. This paper uses the same data to compare the two productivity indices by setting to determine the economic implications of combining the two indices. We discovered that we could decompose TFP with each aspect of the Soiow residual and MPI. We could then interpret their relationship in the business cycle. Our results indicated that the frontier shift in MPI of Japanese firms often occurred when the Solow residual increased, meaning that improving oroductivitv with the Solow residual could be generated by a firm that could shift new production frontiers.
文摘The marine area of Japan, including territorial waters and the exclusive economic zone, is the sixth largest in the world at about 4,470,000 km2. Therefore, it is becoming necessary to establish appropriate means of transportation other than ships in order to utilize the area efficiently. In this respect, ultra-light seaplanes are attracting attention from the viewpoint of protecting the natural environment. Accordingly, JRPS (Japan Reinforced Plastics Society) is currently developing FRP (fiber-reinforced plastic) floats for such planes. In this study, we conducted simulations of seaplane behavior during alighting by using the smoothed particle hydrodynamics method, which is one of the functions in the PAM-CRASH solver, and we present the observed trend in the vertical acceleration of the floats as a first step toward deriving the impact force from analytical data.