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the domestic and export market. Cohorts of new firms have lower average productivity than incumbents but are also a … domestic and export market sort out high productivity from low productivity firms and that the export market is a tougher … inefficient firms to exit. As a result, low cost entry and exit may help improve aggregate productivity by allowing for the rapid …
Persistent link: https://www.econbiz.de/10013219297
questions examined are whether exporting improves productivity (learning) and/or whether more productive plants export (self … productivity, using the annual plant-level panel data on Korean manufacturing sector during the period of 1990 to 1998. The two key … pronounced at around the time of entry into and exit from the export market. Thus, positive and robust cross …
Persistent link: https://www.econbiz.de/10013226951
frontier and that the frontier will move out faster. In particular, plants that export will achieve a higher productivity level … increase their productivity advantage after entry into the export market. While the first finding can be explained by selection …. However intuitive the argument, empirical evidence is meager. This hypothesis is examined by calculating the effect of export …
Persistent link: https://www.econbiz.de/10013227223
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