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productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …
Persistent link: https://www.econbiz.de/10013073187
standard productivity measures. TFPQ performs poorly because of variation in product specifications across firms. Controlling … for specifications aligns TFPQ with lab benchmarks. We also collect quality metrics to construct quality productivity (the …-dimensional productivity, or capability. As quality productivity is negatively correlated with TFPQ, TFPR may perform better at capturing …
Persistent link: https://www.econbiz.de/10012894427
The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the … welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index … of productivity growth rates of different sectors which uses current output weights. Second, it lays out a technique for …
Persistent link: https://www.econbiz.de/10013247194
unobservable determinants of productivity can still generate spurious evidence of discrimination in either direction. This paper …
Persistent link: https://www.econbiz.de/10013137303
occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker …
Persistent link: https://www.econbiz.de/10013019128
productivity. In the context of a semi-parametric model of productivity where these effects are assumed to enter in an additive … about the productivity-age relationship. We illustrate our methods using data on the publications 1986-1997 by 465 French …
Persistent link: https://www.econbiz.de/10013249571
This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new … increase in labor productivity. Additional tests refute alternative explanations that attribute the improvement to mean …
Persistent link: https://www.econbiz.de/10013119570
A growing body of literature examines the cross price elasticities between different health care services. For example, increasing the patient out of pocket price for some health care services increases the utilization of other health care services. Yet, the literature has generally ignored the...
Persistent link: https://www.econbiz.de/10013099932
The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in … economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative … working proprietors, to study the relationships among entry, worker flows and firm productivity. Entrants are more productive …
Persistent link: https://www.econbiz.de/10012925878
We examine the implications of local externalities in human capital investment for the size and composition of the productive labor force. The model links residential choice, skills acquisition, and production in a city composed of several communities. Peer effects induce self-segregation by...
Persistent link: https://www.econbiz.de/10012776704