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imputed data for at least one variable used to compute total factor productivity. The Bureau primarily imputes for missing …
Persistent link: https://www.econbiz.de/10012456110
Within-industry differences in measured plant-level productivity are large. A large literature has been devoted to … classification and regression trees. We use our imputations and the Bureau's imputations to estimate within-industry productivity … dispersions. The results suggest that there is more within-industry productivity dispersion than previous research has indicated …
Persistent link: https://www.econbiz.de/10012460842
We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …
Persistent link: https://www.econbiz.de/10012461285
) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …
Persistent link: https://www.econbiz.de/10012461957
We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …
Persistent link: https://www.econbiz.de/10012466784
In this paper we provide a methodology that jointly studies production and demand for multi-product firms using detailed firm-product level data from Denmark. We estimate marginal cost by combining production function estimation with a cost function that allows for quasi-fixed inputs. We use a...
Persistent link: https://www.econbiz.de/10014226147