Showing 1 - 10 of 966
at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …
Persistent link: https://www.econbiz.de/10013130964
, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued … market structure, more producer turnover, smaller within-industry productivity dispersion across producers, a smaller … percentage of plants operating at low productivity levels, and smaller productivity differentials between surviving and failing …
Persistent link: https://www.econbiz.de/10013114763
entry rates and increases in plant productivity. These results are not present for districts located on another major …
Persistent link: https://www.econbiz.de/10013065088
Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential … productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity … productivity growth, reducing their contributions toward aggregate productivity growth, resulting in its slowdown. We find that …
Persistent link: https://www.econbiz.de/10012926403
Beginning in 2004, official statistics display a slowdown in U.S. productivity growth. We show how offshore profit … shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Profit shifting increased in the … mid- 1990s, resulting in lower measured productivity growth. We construct value added adjusted for profit shifting. The …
Persistent link: https://www.econbiz.de/10012958592
We study the impact of firm level choices of ICT, R&D, exporting and importing on the evolution of productivity and its … “techies”. We develop a methodology for estimating firm level productivity that allows us to measure both Hicks-neutral and … from 2009 to 2013. We find that techies and importing of intermediate inputs raise skill-biased productivity, while imports …
Persistent link: https://www.econbiz.de/10012907442
This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for aggregating microeconomic shocks in economies with distortions such as taxes, markups, frictions to resource reallocation, financial frictions, and nominal rigidities. We allow...
Persistent link: https://www.econbiz.de/10012943616
Economy-wide institutional deficiencies causing factor misallocation have been emphasized as essential determinants of aggregate TFP differences. This paper argues that production flexibility at the micro-level is an economic characteristic that should be given priority in TFP aggregation...
Persistent link: https://www.econbiz.de/10012944639
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10013046151
inefficient firms to exit. As a result, low cost entry and exit may help improve aggregate productivity by allowing for the rapid … the Taiwanese Census of Manufactures for 1981, 1986, and 1991, we measure differences in total factor productivity among … entering, exiting, and continuing firms, and quantify the contribution of firm turnover to industry productivity improvements …
Persistent link: https://www.econbiz.de/10013219297