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The Wage Rate and the Worker's Productivity: the Case of the Japanese Chemical Industry
Author(s) -
Ito Shoichi
Publication year - 1993
Publication title -
asian economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.345
H-Index - 28
eISSN - 1467-8381
pISSN - 1351-3958
DOI - 10.1111/j.1467-8381.1993.tb00109.x
Subject(s) - productivity , wage , economics , factory (object oriented programming) , labour economics , efficiency wage , index (typography) , wage rate , macroeconomics , world wide web , computer science , programming language
The purpose of this paper is to analyze the relationship between the wage rate and the productivity of the blue‐collar worker in Japan. In this paper, micro data from a factory of chemical industry in Japan is used for our empirical study. Our empirical results indicate that, if the index of the labor productivity is an appropriate index of the labor productivity, the labor productivity plays a crucial role in the determination of the wage rate in a particular Japanese chemical factory of the 1960s.