reflect misallocation which hinders aggregate productivity. But differences in measured average products need not reflect … measurement error. Our method exploits how revenue growth is less sensitive to input growth when a plant's average products are … overstated by measurement error. For Indian manufacturing from 1985-2013, our correction lowers potential gains from reallocation …

aggregate productivity. TFP gaps are characterized as the integral of a strictly concave function with respect to an employment … productivity is shown to be ambiguous; conditions are given to determine its sign. An empirical lower bound on distortions based on … for distortions to explain large TFP gaps. The effect of curvature on the impact and measurement of distortions is also …

negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by …This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … analysis is that information about union wage and productivity effects is not sufficient to permit prediction of the sign (or …

A positive productivity shock in the host country tends typically to increase the volume of the desired FDI flows to … the host country, through the standard marginal profitability effect. But, at the same time, such a shock may lower the … likelihood of making any new FDI flows by the source country, through a total profitability effect, derived from the a general …

) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …

considerations, whereas the second is governed by marginal profitability considerations. A positive productivity shock in the host … decisions are two-fold: whether to export FDI and, if so, how much. The first decision is governed by total profitability … could indicate measurement errors, or true zeroes that are due to fixed costs (in situations where they dominate marginal …

In the U.S., some sectoral evidence suggests that growth is driven mainly by productivity enhancing reallocation. In … developing countries, an open question is whether reallocation is productivity enhancing. Using a unique plant-level longitudinal … dataset for Colombia for the period 1982-1998 we examine the interaction between market allocation, productivity and …

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 …

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 …

Economists have long recognized that total factor productivity is an important factor in the process of economic growth … assumptions. Total factor productivity growth is estimated as a residual, using index number techniques. It is thus a measure of … our ignorance,' with ample scope for measurement error. Another source of controversy arises from sins of omission, rather …