This paper examines the relationship between firm multifactor productivity growth (mfp) and changing skill levels of …

This paper examines the relationship between firm multifactor productivity growth (mfp) and changing skill levels of …

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …

share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …

We describe new experimental productivity statistics, Dispersion Statistics on Productivity (DiSP), jointly developed … and published by the Bureau of Labor Statistics (BLS) and the Census Bureau. Official BLS productivity statistics provide … information on aggregate productivity growth. Yet, a large body of research shows that within-industry variation in productivity …