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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 6 Dynamic decomposition

From: The effects of new technology on productivity: technological improvement and reallocation efficiency in the Japanese steelmaking industry

\(\Delta \Omega _t\)

1.872

 

Across all furnace

  

 Operational improvement

0.979 (52.3%)

 

 Reallocation

0.407 (21.7%)

 

 Entry–exit premium

0.487 (26.0%)

 

Technology-specific

  

 Within-technology part

1.246 (66.6%)

 

 Between-reallocation

0.707 (37.8%)

 

Within-technology

BOF

OHF

 Total growth

1.586 (42.4%)

0.744 (19.9%)

 Operational improvement

2.071 (55.3%)

0.422 (11.3%)

 Reallocation

− 1.621 (− 43.3%)

0.252 (6.7%)

 Entry–exit premium

1.136 (30.4%)

0.070 (1.9%)

  1. Share of each factor in productivity change is in parentheses