mainly through changes in ownership) on aggregate labour productivity. Capital reallocation is an important activity in the … United States: on average, its total value is 34 per cent of U.S. GDP. Firms with lower productivity are more likely to be … reallocated to (i.e., bought by) more productive firms. Reallocated establishments experience an increase in productivity. The …

growth model with macroeconomic variables observed in the data. The paper finds that total factor productivity and the … consumptionleisure trade-off the productivity and labor factors are key to understanding the changes in output, labor supply and labor … productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and the United …

plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …, appreciations can lead to a reduction in plant size, which, in the presence of scale economies, can lower productivity. We examine …

productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …

foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The … main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but … training, higher wages and higher productivity than does production for the home market. A further interesting and unexpected …

example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. …