| Abstract: | 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. |
