The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional …

This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by … may have longer term implications for efficiency since the impact on profitability appears to fall most heavily on firms …

empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …

profit-deviating preferences from the state-defined regulatory status of nonprofit production. We argue that this separation … is crucial in providing predictions about the underlying forces which allow the coexistence of nonprofit and for-profit … separating choice of nonprofit status from profit-deviating preferences, the paper provides predictions about the forces which …

often inconsistent with profit maximization or imply implausibly large profits. The puzzle arises because popular estimators … the restrictions imposed by profit maximization (cost minimization) so that estimators are inconsistent or poorly … heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …

Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths … evaluate three productivity debates using a panel of manufacturing plants in Colombia. The different methods generate … surprisingly similar results. Correlations between alternative productivity estimates are invariably high. All methods confirm that …

We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …

to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted …

sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …