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We estimate the rate of embodied technological change directly from plant-level manufacturing data on current output and input choices along with histories on their vintages of equipment investment. Our estimates range between 8 and 17 percent for the typical U.S. manufacturing plant during the...
Persistent link: https://www.econbiz.de/10005721268
This paper introduces a new data set for the analysis of productivity in U.S. manufacturing. It consists of data on …
Persistent link: https://www.econbiz.de/10005393943
This paper reviews research that uses longitudinal microdata to document productivity movements and to examine factors … behind productivity growth. The research explores the dispersion of productivity across firms and establishments, the … persistence of productivity differentials, the consequences of entry and exit, and the contribution of resource reallocation …
Persistent link: https://www.econbiz.de/10005394167