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Mulligan, Casey B; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1995

We construct a set of human capital indexes for the states of the United States for each Census year starting in 1940. To do so we propose a new methodology for the construction of index numbers in panel data sets. Our method is based on an optimal approach by which we choose the `best' set...

Persistent link: https://www.econbiz.de/10005661983

Imports and TFP at the Firm Level: The Role of Absorptive Capacity

Augier, Patricia; Cadot, Olivier; Dovis, Marion - C.E.P.R. Discussion Papers - 2009

Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative … approaches. In the first, we estimate TFP using the Olley-Pakes semi-parametric method and apply a diff-in-diff estimator with a … control group constructed by propensity-score matching. In the second, direct method, we estimate TFP with imported inputs as …

Persistent link: https://www.econbiz.de/10004972170

TFPG Controversies, Institutions, and Economic Performance in East Asia

Rodrik, Dani - C.E.P.R. Discussion Papers - 1997

The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...

Persistent link: https://www.econbiz.de/10005124261

Corporate Control and Executive Selection

Lippi, Francesco; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2010

distortion in executive selection can account for TFP differentials between control types of about 10%. The structural estimates …

Persistent link: https://www.econbiz.de/10008677237

Estimating Agglomeration Economies with History, Geology, and Worker Effects

Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - C.E.P.R. Discussion Papers - 2008

Does productivity increase with density? We revisit the issue using French wage and TFP data. To deal with the …

Persistent link: https://www.econbiz.de/10005114470

Demand or productivity: What determines firm growth?

Pozzi, Andrea; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2012

, suggesting the existence of adjustment frictions. Finally, the degree of under-response is much larger for TFP shocks. This … show that they hamper firms' responses to TFP shocks but not to demand shocks. …

Persistent link: https://www.econbiz.de/10011083518

Technological Convergence and International Trade

Ben-David, Dan - C.E.P.R. Discussion Papers - 1996

This paper builds on earlier evidence showing that, while most countries exhibit little evidence of unconditional income convergence, countries that trade heavily with one another tend to exhibit a much higher incidence of convergence. Two alternative explanations for the trade-related...

Persistent link: https://www.econbiz.de/10005791990

Solow Residuals without Capital Stocks

Burda, Michael C; Severgnini, Battista - C.E.P.R. Discussion Papers - 2010

measurement error of the Solow residual (Solow 1957) as a measure of total factor productivity (TFP) growth when the capital stock … measurements of TFP growth which do not require capital stocks: one measure eliminates the capital stock by direct substitution … application, we compute and compare TFP growth estimates using data from the new and old German federal states. …

Persistent link: https://www.econbiz.de/10008611015

Price-Cost Margins and Shares of Fixed Factors

Konings, Jozef; Roeger, Werner; Zhao, Liqiu - C.E.P.R. Discussion Papers - 2011

Reduced form approaches to estimate markups typically exploit variation in observed input and output. However, these approaches ignore the presence of fixed input factors, which may result in an overestimation of the price-cost margins. We first propose a new methodology to simultaneously...

Persistent link: https://www.econbiz.de/10008861906

Industrial Policy and Restructuring in Eastern Europe

Hare, Paul G; Hughes, Gordon - C.E.P.R. Discussion Papers - 1992

Using input-output and world price data, this study computes domestic resource costs (DRCs) for branches of manufacturing industry in Bulgaria, Czechoslovakia, Hungary, Poland and the former Soviet Union. The results show a wide dispersion of DRCs in each country, including branches with...

Persistent link: https://www.econbiz.de/10005124050