high rates of entry, significant experimentation and, in turn, a high degree of productivity dispersion. Following this … experimentation phase, successful innovators and adopters grow while unsuccessful innovators contract and exit yielding productivity … growth. We examine the dynamic relationship between entry, productivity dispersion, and productivity growth using a new …

establishments) is dominant; (iii) the contribution of net entry to aggregate productivity growth is disproportionate and is …In this paper, we exploit establishment-level data to examine the relationship between microeconomic productivity … dynamics and aggregate productivity growth. After synthesizing the evidence from recent studies, we conduct our own analysis …

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 …

Understanding the nature and magnitude of resource reallocation, particularly as it relates to productivity growth, is … important both because it affects how we model and interpret aggregate productivity dynamics, and also because market structure … reallocation and productivity dynamics for the U.S. and other countries comes from a single industry: manufacturing. Building upon …

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 …

producers and the contribution of entry to aggregate productivity growth …) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be …

reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics … accelerated reallocation even more productivity enhancing than reallocation in normal times. In the Great Recession, we find the … intensity of reallocation fell rather than rose and the reallocation that did occur was less productivity enhancing than in …

wages and productivity across establishments. The second is that the increased dispersion in wages and productivity across … productivity dispersion have increased substantially over the last few decades, and (4) a substantial fraction of the rising … dispersion in wages and productivity is accounted for by increasing wage and productivity differentials across high and low …

is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …