Showing 1 - 7 of 7
This chapter overviews productivity research from an industrial organization perspective. We focus on what is known and … what still needs to be learned about the productivity levels and dynamics of individual producers, but also how these … interact through markets and industries to influence productivity aggregates. We overview productivity concepts, facts, data …
Persistent link: https://www.econbiz.de/10012629449
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering … from a large internal inconsistency: they rely on an exogenous evolving productivity process. I show how recent proxy … estimators can accommodate endogenous productivity processes such as learning by exporting. I rely on my framework to discuss the …
Persistent link: https://www.econbiz.de/10012462109
In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far …, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely … on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity …
Persistent link: https://www.econbiz.de/10012465498
We propose a framework to evaluate the potential impact of international competition on firm performance and highlight two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. The popular concept of (revenue) TFP combines both...
Persistent link: https://www.econbiz.de/10012456679
In this article we introduce an empirical framework to analyze how firm performance is affected by increased globalization. Using this framework we discuss recent work on measuring the impact of various shocks firms face in the global marketplace, such as reductions in trade costs (through...
Persistent link: https://www.econbiz.de/10012459354
We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of … industry's productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills … third of the increase in the industry's productivity. Second, increased competition, due to the expansion of minimills …
Persistent link: https://www.econbiz.de/10012459923
total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …
Persistent link: https://www.econbiz.de/10012461482