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This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate...
Persistent link: https://www.econbiz.de/10012421285
In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not so much a lower productivity growth at...
Persistent link: https://www.econbiz.de/10011610943
Persistent link: https://www.econbiz.de/10011906753
Persistent link: https://www.econbiz.de/10011801775