empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …

reallocations and plant-level technical efficiency changes while allowing in the estimation for 459 different production …) 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 …

percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …

arrivals. Each of these arriving consumers then solves a standard discrete choice problem. We present a Bayesian IV estimation …

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 …

model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …

We present a heterogeneous-firm model in which management ability increases both production efficiency and product … improving production efficiency and product quality in both countries, but it matters more in China than in the US, especially … causal effects on product quality, production efficiency, and exports. Poor management practices may thus hinder trade and …

prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …