Showing 1 - 10 of 122
A startling fact of firm level productivity analysis is the large and persistent differences in both labour … productivity and total factor productivity (TFP) between firms in narrowly defined sectoral classes. The competitiveness of an … industry is potentially an important factor explaining this productivity dispersion. The degree of competition has also …
Persistent link: https://www.econbiz.de/10005017047
firms with different levels of productivity. A common problem is that most firm level dataset do not contain information on … output prices of firms which makes it difficult to distinguish between productivity differences and differences in market … power between firms. This paper develops a new econometric framework that allows estimating both firm specific productivity …
Persistent link: https://www.econbiz.de/10008646242
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10005256474
combining a new model with the firm-level distributions of size and productivity. Our framework adapts the Lucas (1978) model to …") and productivity. We then econometrically recover the key parameters of the model in order to estimate the costs of …
Persistent link: https://www.econbiz.de/10009651298
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10005510386
This paper sets out a general algorithm for calculating true cost-of-living indices or true producer price indices when demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us how we should calculate a true cost-of-living...
Persistent link: https://www.econbiz.de/10008476317
This paper estimates the size of the union membership wage premium by comparing wage outcomes for unionised workers with 'matched' non-unionised workers. The method assumes selection on observables. For this identifying assumption to be plausible, one must be able to control for all...
Persistent link: https://www.econbiz.de/10005016716
Governments around the world want to develop their ICT and digital industries. Policymakers thus need a clear sense of the size and characteristics of digital businesses, but this is hard to do with conventional datasets and industry codes. This paper uses innovative 'big data' resources to...
Persistent link: https://www.econbiz.de/10011095613
This study uses a longitudinal data source to study the effects of conflict-induced displacement on labour market outcomes for Bosnians in post-war Bosnia and Herzegovina. To account for endogeneity in the displacement status, I exploit the fact that the level of violence in the pre-war...
Persistent link: https://www.econbiz.de/10005510446
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10010945137