We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of … Marginal Revenue): it is necessary and sufficient for the distributions of productivity and sales to have the same form …

Commonly used methods of production function estimation assume that a firm’s output quantity can be observed as data … function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …

empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission …

Wages grow and become more unequal as workers age. Economic theory focuses on worker investment in human capital …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

aggregate productivity, resource allocation, and industry export activity along both the extensive and intensive margins. Using … productivity and shipping costs using Chilean plant-level data for a set of manufacturing industries. The estimated model is … consistent with the key features of the data regarding productivity, exporting, and importing. We perform a variety of …

pharmaceutical R&D expenditure, drug prices, aggregate productivity, and income. The analysis suggests that both an increase in the …-sharing and entry barriers in the pharmaceutical sector also affect aggregate productivity and wage rates. …