Cover Image
Read Now

Enhancing the Productivity of the Service Sector in Japan

Labour productivity growth in the service sector, which accounts for 70% of Japan's economic output and employment, has slowed markedly in recent years in contrast to manufacturing. The disappointing performance is associated with weak competition in the service sector resulting from strict pro...

Full description

Bibliographic Details
Main Author: Jones, Randall S.
Other Authors: Yoon, Taesik
Format: eBook
Language:English
Published: Paris OECD Publishing 2008
Series:OECD Economics Department Working Papers
Subjects:
Japan
Economics
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 02045nma a2200277 u 4500
001 EB001831139
003 EBX01000000000000000997585
005 00000000000000.0
007 cr|||||||||||||||||||||
008 180616 ||| eng
100 1 |a Jones, Randall S. 
245 0 0 |a Enhancing the Productivity of the Service Sector in Japan  |h Elektronische Ressource  |c Randall S., Jones and Taesik, Yoon 
246 2 1 |a Améliorer la productivité dans le secteur des services au Japon / Randall S., Jones et Taesik, Yoon 
246 3 1 |a Améliorer la productivité dans le secteur des services au Japon 
260 |a Paris  |b OECD Publishing  |c 2008 
300 |a 53 p.  |c 21 x 29.7cm 
653 |a Japan 
653 |a Economics 
700 1 |a Yoon, Taesik 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a OECD Economics Department Working Papers 
024 8 |a /10.1787/230272412875 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/230272412875  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Labour productivity growth in the service sector, which accounts for 70% of Japan's economic output and employment, has slowed markedly in recent years in contrast to manufacturing. The disappointing performance is associated with weak competition in the service sector resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Reversing the deceleration in productivity growth in the service sector is essential to raise Japan's growth potential. The key is to eliminate entry barriers, accelerate regulatory reform, upgrade competition policy and reduce barriers to trade and inflows of FDI. Special attention should be given to factors limiting productivity growth in services characterised by either low productivity or high growth potential, such as retail, transport, energy and business services. Finally, it is essential to increase competition in public services, such as health and education, where market forces have been weak 

Similar Items