mainly through changes in ownership) on aggregate labour productivity. Capital reallocation is an important activity in the … United States: on average, its total value is 3-4 per cent of U.S. GDP. Firms with lower productivity are more likely to be … reallocated to (i.e., bought by) more productive firms. Reallocated establishments experience an increase in productivity. The …

productivity growth in Canada. Results suggest that the impact of a positive relative price shock will – in the adjustment process … – lower productivity growth in the primary and the non-tradable sectors, and increase it somewhat in the manufacturing sector …. The overall impact appears to be slightly negative on aggregate labour productivity growth, but this effect is only …

This paper examines the relationship between firm size and productivity. In contrast to previous studies, this paper …, the aggregate importance of the firm size-productivity relationship is gauged by calculating to what extent shifts in the … distribution of employment over firm size categories has affected Canadian aggregate productivity, and whether differences in the …

The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro …, especially the United States, where such work sheds important light on particular aspects of productivity growth. The authors …

-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity …

example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

, improvements in trade balance, and large declines in output and total factor productivity (TFP). This paper develops a two … disproportionate to their productivity levels. This disrupts the optimal allocation of capital across firms, and generates an …