the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the …We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark …-ups and input costs. We find that each of these market fundamentals are important in explaining plant exit. We then use …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each …

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 …

reallocation depends on (a) the dispersion of idiosyncratic productivity shocks faced by businesses and (b) the marginal … marginal responsiveness of employment growth to business-level productivity has weakened. The responsiveness in the post-2000 … in the 1990s. Counterfactuals show that weakening productivity responsiveness since 2000 accounts for a significant drag …

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 …

The conventional wisdom is that the rising productivity in the U.S. manufacturing sector in the 1980s has been driven … the rise in productivity. In this paper, we examine the microeconomic evidence using the plant level data from the … as productivity contribute almost as much to overall productivity growth in the 1980s as the plants that increased …

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 …