Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10012461745
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10011394520
productivity. Our model extends basic Ricardian theory to accommodate many countries, geographic barriers, and imperfect … explain basic facts about U.S. plants: (i) productivity dispersion, (ii) the productivity advantage of exporters, (iii) the … examine counterfactuals to assess the impact of various global shifts on productivity, plant entry and exit, and labor …
Persistent link: https://www.econbiz.de/10012471073
role in increasing productivity growth in U.S. manufacturing. Contemporaneous levels of exports and productivity are indeed … positively correlated across manufacturing industries. However, tests on industry data show causality from productivity to … exporting but not the reverse. While exporting plants have substantially higher productivity levels, we find no evidence that …
Persistent link: https://www.econbiz.de/10012471659
This paper quantifies the origins of firm size heterogeneity when firms are interconnected in a production network. Using the universe of buyer-supplier relationships in Belgium, the paper develops a set of stylized facts that motivate a model in which firms buy inputs from upstream suppliers...
Persistent link: https://www.econbiz.de/10012479397
summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the …
Persistent link: https://www.econbiz.de/10012463070
employment, average hours worked, physical capital accumulation and, most importantly, total factor productivity and its skill … and hours worked by natives. At the same time we find robust evidence that they increased total factor productivity, on … results are robust to controlling for several other determinants of productivity that may vary with geography such as R …
Persistent link: https://www.econbiz.de/10012463142
liberalization. Firm productivity in a given product is modeled as a combination of firm-level "ability" and firm …-level ability raises a firm's productivity across all products, which induces a positive correlation between a firm's intensive … (output per product) and extensive (number of products) margins. Trade liberalization fosters productivity growth within and …
Persistent link: https://www.econbiz.de/10012465880
The recent literature on local schooling externalities in the U.S. is rather mixed: positive external effects of average education levels are hardly to be found but, in contrast, positive externalities from the share of college graduates can often be identified. This paper proposes a simple...
Persistent link: https://www.econbiz.de/10012466224
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10012467103