We explore how changes in ownership and managerial control affect the productivity and profitability of producers …. Using detailed operational, financial, and ownership data from the Japanese cotton spinning industry at the turn of the last … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …

(horizontal differentiation). The market context is Japan's cotton spinning industry at the turn of the last century. We find that …

The U.S. has been experiencing a slowdown in measured labor productivity growth since 2004. A number of commentators … challenges to this "mismeasurement hypothesis." First, the productivity slowdown has occurred in dozens of countries, and its … output" resulting from the productivity growth slowdown. The largest--by some distance--is less than one-third of the …

The conventional wisdom in health economics is that large differences in average productivity across hospitals are the …, however, we find that productivity dispersion in heart attack treatment across hospitals is, if anything, smaller than in … productivity today is associated with about 4 percent more patients in 5 years. Taken together, these facts suggest that the …

Across many sectors, research has established that management explains a notable portion of productivity differences … share of the variance of store-level productivity; (ii) negative assortative matching between managers and stores, which may … productivity also tend to obtain high energy productivity, revealing some breadth in managers' skills applicability; (vii) high …

Aggregate data show a large and decades-long decline in construction sector productivity. This decline in such a large … sector has had a material effect on secular productivity growth for the economy as a whole. Prior work has focused on the … role of potential measurement problems in construction, particularly output deflators in the measurement of productivity …