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Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent...
Persistent link: https://www.econbiz.de/10010263814
This paper contributes to the flourishing literature on exports and productivity by using a unique newly available …
Persistent link: https://www.econbiz.de/10010263816
first comprehensive evidence on the relationship bet-ween productivity and size of the export market for Germany, a leading …
Persistent link: https://www.econbiz.de/10010263828
presents the first comprehensive evidence on the relationship between exports and productivity for Germany, a leading actor on … literature to document that the positive productivity differential of exporters compared to non-exporters is statistically …. Results for West Germany support the hypothesis that the productivity differential between exporters and non-exporters is at …
Persistent link: https://www.econbiz.de/10010263830
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10013068477
This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …
Persistent link: https://www.econbiz.de/10013217612
The age structure of capital plays an important role in the measurement of productivity. It has been argued that the … productivity measurement. A proposition proves that Nelson's (1964) formula is wrong. Our final proposition shows that inclusion of … the vintage effect prompts an upward correction of measured productivity growth in times of an aging stock of capital …
Persistent link: https://www.econbiz.de/10013240940
is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10013313640
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect”. Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and …
Persistent link: https://www.econbiz.de/10011278541
-exporters. It is argued that this exporter-productivity premium is due to extra cost of exporting that can be covered profitably by … than non-exporting firms from the same 4-digit industry both on average and over the whole productivity distribution …. However, many firms from the lower end of this distribution are exporters. This paper report that these low-productivity …
Persistent link: https://www.econbiz.de/10011278645