Showing 1 - 10 of 35
because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new … housing supply, effectively limiting the number of workers who have access to such high productivity. Using a spatial …
Persistent link: https://www.econbiz.de/10012238027
The purpose of this paper is to analyze systematically the production of effort and its allocation among different market and non-market sectors. I believe that this analysis can explain much of the variation in earnings that is not explained by human capital. The first section introduces the...
Persistent link: https://www.econbiz.de/10012478946
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012453270
employment and capital growth of local firms with higher productivity and that this effect is concentrated among young firms … important gains in aggregate industry productivity and that changes in the allocation of labor play a central role in driving …
Persistent link: https://www.econbiz.de/10012453632
productivity. These effects are nonlinear across farms--impacting more those farms farther away from their efficient operational … scale. The effect of land rentals on productivity is 70 percent larger when controlling for non-market rentals--those with a …
Persistent link: https://www.econbiz.de/10012453679
the effects of temperature on firm-level total factor productivity (TFP), factor inputs, and output. We detect an inverted …
Persistent link: https://www.econbiz.de/10012453722
Economy-wide institutional deficiencies causing factor misallocation have been emphasized as essential determinants of aggregate TFP differences. This paper argues that production flexibility at the micro-level is an economic characteristic that should be given priority in TFP aggregation...
Persistent link: https://www.econbiz.de/10012453743
neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10012462256
monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and …
Persistent link: https://www.econbiz.de/10012462609
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10012463159