We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …

labour productivity, over the Great Recession. Our findings suggest that the poor UK firms' productivity performance post …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical …

varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of … with the size of the destination market and with the ability to match demand, but is inversely related to market …

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 … because they sell higher demand/quality products. Finally, while the correlation between firm revenue TFP and firm size is …

The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …

We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …

It is widely understood that the real price of globally traded commodities is determined by the forces of demand and … supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …