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Productivity, markups, and reallocation : evidence from French manufacturing firms from 1994 to 2016
De Monte, Enrico - 2024
markups are estimated based on a gross output translog production function using popular estimation methods. I find an …
Persistent link: https://www.econbiz.de/10014468964
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Product differentiation and quality in production function estimation
Hahn, Nadine - 2024
estimation. Even if inputs and outputs are observed in quantities, unobserved quality variation might bias production function … the estimation procedure and provide an application to the European car industry. …
Persistent link: https://www.econbiz.de/10014631677
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How does democracy cause growth?
Boese, Vanessa Alexandra; Eberhardt, Markus - 2023 - This version: July 6th, 2023
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …
Persistent link: https://www.econbiz.de/10014334859
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A global decline in research productivity? : evidence from China and Germany
Boeing, Philipp; Hünermund, Paul - 2020
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
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Economic growth through worker reallocation : the role of knowledge spillovers
Mäkynen, Eero - 2021
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
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A user cost approach to capital measurement in aggregate production functions
Knetsch, Thomas A. - 2012
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10009507101
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Ein nutzungskostenbasierter Ansatz zur Messung des Faktors Kapital in aggregierten Produktionsfunktionen
Knetsch, Thomas A. - 2012
von diesem Methodenunterschied indessen nicht wesentlich beeinflusst. -- Kapitalstock ; Aggregation ; Produktionsfunktion …
Persistent link: https://www.econbiz.de/10009507094
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Elite structure and the provision of health-promoting public goods
Krieger, Tommy - 2020
We compile biographical information on more than 5,000 Prussian politicians and exploit newly digitized administrative data to examine whether landowning and landless elites differ in the extent to which they support health infrastructure projects. Using exogenous variation in soil texture, we...
Persistent link: https://www.econbiz.de/10012314808
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Uncertainty, misallocation and the life-cycle growth of firms
Mäkynen, Eero; Vähämaa, Oskari - 2021
We develop a measure of static misallocation that separates uncertainty from misallocation generated by tax-like distortions. In the Finnish firm-level data, uncertainty accounts for the majority of ex post misallocation and explains a strong decreasing age-dependent trend in it. To understand...
Persistent link: https://www.econbiz.de/10012583062
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Economic growth through worker reallocation: The role of knowledge spillovers
Mäkynen, Eero - 2021
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10013394370