Showing 1 - 10 of 1,694
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 …
Persistent link: https://www.econbiz.de/10010356360
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 …
Persistent link: https://www.econbiz.de/10012418448
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 …
Persistent link: https://www.econbiz.de/10012697125
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 …
Persistent link: https://www.econbiz.de/10012387534
Almost two thirds of the cross-plant dispersion in marginal revenue products of capital occurs across plants within the same firm rather than between firms. Even though firms allocate invest- ment very differently across their plants, they do not equalize marginal revenue products across their...
Persistent link: https://www.econbiz.de/10011624203
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. …
Persistent link: https://www.econbiz.de/10012211220
alleviating credit constraints for high productivity firms. After the reform, better access to credit allowed these firms to … across firms, thus raising aggregate productivity. …
Persistent link: https://www.econbiz.de/10011735891
total factor productivity which determines economic activity in the long run, but is not contemporaneously observed by … assessment of productivity - from actual time series, we rely on an informational advantage over market participants …
Persistent link: https://www.econbiz.de/10010224834
This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the … firm as a function of skilled and unskilled labor, capital, materials, and total factor productivity, which is broadly … ownership, the extent of accumulated intangible assets, and unobservable total factor productivity. Despite the richness of our …
Persistent link: https://www.econbiz.de/10010461261
Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically …-state inflation rate generically differs from zero and (2) inflation optimally responds to productivity disturbances. We show this by …
Persistent link: https://www.econbiz.de/10011845313