Showing 1 - 10 of 14
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
Economists have shown that large and persistent differences in productivity levels across businesses are ubiquitous … differ in their measured productivity levels. The causes are manifold, and differ depending on the particular setting. They …
Persistent link: https://www.econbiz.de/10012462940
shift in the composition of productivity growth away from vintage-specific to general growth. This shift has stimulated the …
Persistent link: https://www.econbiz.de/10012463986
integrated. These patterns are consistent, however, with an alternative efficiency-based mechanism. Namely, higher productivity … evidence that integrated producers' productivity advantage is tied to improved logistics coordination afforded by large local … local concrete operations have similarly high productivity levels …
Persistent link: https://www.econbiz.de/10012465762
) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …
Persistent link: https://www.econbiz.de/10012467123
Many studies have documented large and persistent productivity differences across producers, even within narrowly … for these differences, by proposing that demand-side features also play a role in creating the observed productivity …. Substitutability increases truncate the productivity distribution from below, resulting in higher minimum and average productivity …
Persistent link: https://www.econbiz.de/10012468192
There are tremendous across-plant differences in measured productivity levels, even within narrowly defined industries …, an industry's demand structure may also influence the shape of its plant-level productivity distribution. This paper … productivity distribution is intuitively straightforward. When industry consumers can easily switch between suppliers, it is more …
Persistent link: https://www.econbiz.de/10012468645
The U.S. has been experiencing a slowdown in measured labor productivity growth since 2004. A number of commentators … challenges to this "mismeasurement hypothesis." First, the productivity slowdown has occurred in dozens of countries, and its … output" resulting from the productivity growth slowdown. The largest--by some distance--is less than one-third of the …
Persistent link: https://www.econbiz.de/10012456700
The conventional wisdom in health economics is that idiosyncratic features of the healthcare sector leave little scope for market forces to allocate consumers to higher performance producers. However, we find robust evidence across a variety of conditions and performance measures that higher...
Persistent link: https://www.econbiz.de/10012457066
We explore how changes in ownership and managerial control affect the productivity and profitability of producers … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …
Persistent link: https://www.econbiz.de/10012458762