-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …

Productivity is a key determinant of the sustainability of the public finances. While the initial impact of Covid-19 on … labor productivity growth shows a surprisingly positive impact, the impact on total factor productivity (TFP) is less clear … medium term. These numbers comprise a large reduction in ‘within-firm’ productivity as intermediate costs increased due to …

factor productivity, and the decline in labor force participation. Both factors reflect powerful adverse forces that are …

firms for the impact of changes in the economic environment on the dynamics of aggregate productivity in the short, medium … positive implications for the transitional dynamics of aggregate productivity and their welfare implications in terms of two … link between a decline in the entry rate of new firms and a slowdown in the growth of aggregate productivity given that …

compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are … the inventions that propelled U.S. productivity growth in the first half of the 20th century, and the next EU-10 stage for … 1972-95 as imitating the U.S. outcome for 1950-72. We show that both the pace of aggregate productivity growth during 1972 …

Standard measures of productivity display enormous dispersion across farms in Africa. Crop yields and input intensities … account for a large fraction – as much as ninety percent -- of the dispersion in measured productivity. In contrast to some … previous estimates, we suggest that the potential for efficiency gains through reallocation of land across farms and farmers …