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Gort, Michael; Jensen, J. Bradford; Lee, Seong-Hoon - Census Bureau, Department of Commerce - 2002

The study seeks to explain the attrition rate of new manufacturing plants in the United States in terms of three vectors of variables. The first explains how survival of the fittest proceeds through learning by firms (plants) about their own relative efficiency. The second explains how...

Persistent link: https://www.econbiz.de/10005058674

Decomposing Learning By Doing in New Plants

Bahk, Byong-Hyong; Gort, Michael - Census Bureau, Department of Commerce - 1992

The paper examines learning by doing in the context of a production function in which the other arguments are labor, human capital, physical capital, and vintage as a proxy for embodied technical change in physical capital. Learning is further decomposed into organization learning, capital...

Persistent link: https://www.econbiz.de/10005058791

The Life Cycles of Industrial Plants

Lee, Seong-Hoon; Gort, Michael - Census Bureau, Department of Commerce - 2001

The paper presents a dynamic programming model with multiple classes of capital goods to explain capital expenditures on existing plants over their lives. The empirical specification shows that the path of capital expenditures is explained by (a) complementarities between old and new capital...

Persistent link: https://www.econbiz.de/10005058792

Managerial Efficiency, Organizational Capital and Productivity

Gort, Michael; Lee, Seong-Hoon - Census Bureau, Department of Commerce - 2003

The paper focuses on the impact of managerial efficiency on output. Three sources of managerial efficiency are identified: (a) superior initial managerial endowments, (b) the accumulation of managerial knowledge and skills through learning and (c) the impact of an effective market for managerial...

Persistent link: https://www.econbiz.de/10005058826

The Effect Of Technology Use On Productivity Growth

Mcguckin, Robert H; Streitwieser, Mary L; Doms, Mark E - Census Bureau, Department of Commerce - 1996

rates. We use data from the 1993 and 1988 Survey of Manufacturing Technology (SMT) to examine the use of advanced (computer … Research Database (LRD) to examine the relationships between plant performance, plant characteristics, and the use of advanced … technology use with changes in plant productivity performance. The main findings of the study are as follows. First, diffusion is …

Persistent link: https://www.econbiz.de/10005058841

Evaluation And Use Of The Pollution Abatement Costs And Expenditures Survey Micro Data

Streitwieser, Mary L - Census Bureau, Department of Commerce - 1996

data processing procedures. The PACE data series, linked to the economic data in CES= Longitudinal Research Database (LRD …

Persistent link: https://www.econbiz.de/10005058853

Decomposing Technical Change

Bahk, Byong-Hyong; Gort, Michael; Wall, Richard A - Census Bureau, Department of Commerce - 1991

A production function is specified with human capital as a separate argument and with embodied technical change proxied by a variable that measures the average vintage of the stock of capital. The coefficients of this production function are estimated with cross section data for roughly 2,150...

Persistent link: https://www.econbiz.de/10005058855

The Demand for Human Capital: A Microeconomic Approach

Gort, Michael; Lee, Seong-Hoon - Census Bureau, Department of Commerce - 2001

the Census Bureau’s Longitudinal Research Database. The results show strong complementarity between physical and human … capital. Moreover, the complementarity is greater in high than in low technology industries. The results also show that … low technology industries. …

Persistent link: https://www.econbiz.de/10005058856

The Extent and Nature of Establishment Level Diversification in Sixteen U.S. Manufacturing Industries

Streitwieser, Mary L - Census Bureau, Department of Commerce - 1990

This paper examines the heterogeneity of establishments in sixteen manufacturing industries. Basic statistical measures are used to decompose product diversification at the establishment level into industry, firm, and establishment effects. The industry effect is the weakest; nearly all the...

Persistent link: https://www.econbiz.de/10005058867

Cross Sectional Variation In Toxic Waste Releases From The U.S. Chemical Industry

Streitwieser, Mary L - Census Bureau, Department of Commerce - 1994

some firms that generate significantly lower toxic waste due to managerial ability and/or technology differences. …

Persistent link: https://www.econbiz.de/10005058876