Showing 1 - 9 of 9
, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued … productivity differences. In contrast, the patterns in Korea are consistent with the presence of some impediments to exit or entry …, differ systematically in the nature of entry costs, the competitiveness of output markets, and the working of their capital …
Persistent link: https://www.econbiz.de/10013114763
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
firm's future productivity trajectory while controlling for the potential selection bias introduced by endogenous firm exit …This paper examines two potential channels of knowledge acquisition that underlie firm productivity growth in the … effects of these investments on the firm's future total factor productivity. The empirical model consists of four equations …
Persistent link: https://www.econbiz.de/10012761901
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
inefficient firms to exit. As a result, low cost entry and exit may help improve aggregate productivity by allowing for the rapid … show that low sunk entry and exit costs act to speed firm turnover by facilitating entry and increasing the pressure on … the Taiwanese Census of Manufactures for 1981, 1986, and 1991, we measure differences in total factor productivity among …
Persistent link: https://www.econbiz.de/10013219297
export market and exporters with low productivity tend to exit. Moreover, in several industries, entry into the export market … significant productivity changes following entry or exit from the export market that are consistent with learning from exporting …While there is widespread empirical evidence indicating exporting producers have higher productivity than nonexporters …
Persistent link: https://www.econbiz.de/10013225131
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
A positive correlation between productivity and export market participation has been well documented in producer micro … investment activities, particularly investments in Ramp;D or new technology, that both raise productivity and increase the payoff … find a complex set of interactions between Ramp;D, exporting, and productivity. The self- selection of high productivity …
Persistent link: https://www.econbiz.de/10012751019
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