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This paper examines the evolution of productivity in U.S. manufacturing plants from 1963 to 1992. We define a “vintage effect” as the change in productivity of recent cohorts of new plants relative to earlier cohorts of new plants, and a “survival effect” as the change in productivity of...
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This paper investigates whether a popular IO technology assumption, the commodity technology model, is appropriate for … plants from the Census Longitudinal Research Database. Extant empirical research has suggested the rejection of this model … explored here suggest that much of the rejection of the commodity technology model from aggregative data was spurious …
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