productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial … same time, the Kingdom of Italy started a large infrastructure project to spread railways, which were largely confined in … Northern Italy, all over the country. Using tools from spatial econometrics, we find that railways played a positive effect on …

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …

that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to …

return to total assets or productivity for firms who received support compared with the control group. …

This paper assesses sources of productivity spillovers in China's electric and electronic manufacturing industry using … important reliance on technology. In particular, the paper focuses on the role of other firms' productivity as well as … productivity shifters in affecting own firm-level total factor productivity. In addition, this paper examines the possible …

their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …

We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical … over time, and distinguish between quantity total factor productivity (TFP-Q), i.e., the capacity to turn inputs into more … physical output (number of shirts, liters of beer), and what we call revenue total factor productivity (TFP-R), i …

Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …-level differences in productivity across space. …

alleviating credit constraints for high productivity firms. After the reform, better access to credit allowed these firms to … across firms, thus raising aggregate productivity. …