Baily, Martin Neil; Haltiwanger, John; Bartelsman, Eric J. - 2021
The conventional wisdom is that the rising productivity in the U.S. manufacturing sector in the 1980s has been driven … the rise in productivity. In this paper, we examine the microeconomic evidence using the plant level data from the … as productivity contribute almost as much to overall productivity growth in the 1980s as the plants that increased …