) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …

probability of plant exit (controlling for productivity) based on the improved imputations. For some estimands, we find …Within-industry differences in measured plant-level productivity are large. A large literature has been devoted to … classification and regression trees. We use our imputations and the Bureau's imputations to estimate within-industry productivity …

We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …

imputed data for at least one variable used to compute total factor productivity. The Bureau primarily imputes for missing …

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 …

-neoclassical" features that impact plant-level data including plant-level heterogeneity, the entry and exit of goods, adjustment costs, fixed …We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants …

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 …

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