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Applications for new businesses from the U.S. Census Bureau's monthly and weekly Business Formation Statistics (BFS) fell substantially in the early stages of the pandemic but then surged in the second half of 2020. This surge has continued through May 2021. The pace of applications since...
Persistent link: https://www.econbiz.de/10012585396
important in explaining welfare losses from revenue productivity dispersion …
Persistent link: https://www.econbiz.de/10012481767
productivity across firms within narrowly defined sectors. Our hypothesis is that periods of rapid innovation are accompanied by … high rates of entry, significant experimentation and, in turn, a high degree of productivity dispersion. Following this … experimentation phase, successful innovators and adopters grow while unsuccessful innovators contract and exit yielding productivity …
Persistent link: https://www.econbiz.de/10012453294
An important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …
Persistent link: https://www.econbiz.de/10013462669
Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked … employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in … expansions high-productivity firms grow faster primarily by hiring workers away from lower-productivity firms. The rate at which …
Persistent link: https://www.econbiz.de/10012533351
labor productivity and lower labor shares. In particular, the use of these technologies is associated with a 11.4% higher … labor productivity, which accounts for 20-30% of the difference in labor productivity between large firms and the median …
Persistent link: https://www.econbiz.de/10013462707
impact on post-entry size, survival, and productivity of startups. Consistent with our organizational capital hypothesis …
Persistent link: https://www.econbiz.de/10012482633
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
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10012463713
The literature on inventory holdings stresses their role in smoothing production when costs are convex. Existing empirical evidence suggests that output is more variable than consumption so that production smoothing is not apparently present. One way of explaining this finding is to allow for...
Persistent link: https://www.econbiz.de/10012476072