Diary 2023-12-04
Regarding "Japan's productivity is not bad if we look at GDP per 15-64 year old population
Employment in that age group is growing in Japan to begin with.
https://gyazo.com/5534a5a85d28a6f8c76c483c25c9eff4
Ranking is greatly affected by "which point in time is 100".
https://gyazo.com/99f722bfafe0bfe18bc417821c035142https://gyazo.com/79ca71e09799a27efb934f4adb521bb3
the point that
ShinnKikuchi The "Japan's productivity is not bad" thesis, if you take into account the employment rate and exchange rate, Japan is 6th among the G7. During this period, Japan's employment-population ratio is rising relative to other countries in segments such as women and the elderly. So we should not have illusions about Japan by looking at GDP per 15-64 year old population, as the original paper did.
1/n
https://pbs.twimg.com/media/GAatvDLa0AAHa-0?format=png&name=small#.png
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