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Labor productivity and capital intensity, Japan, 1870 to 2016

Figure illustrates how capital intensity; the ratio of total capital stock over total hours worked, compares with labor productivity; the ratio of GDP over total hours
worked. Both are measured in 2010 U$ PPP per hour.

187020161880190019201940196019802000Capital intensityLabor productivity

Source: Bergeaud, A., Cette, G. and Lecat, R. (2016)