Showing 1 - 10 of 3,616
by size and productivity, increases the likelihood of exporting …
Persistent link: https://www.econbiz.de/10012472269
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...
Persistent link: https://www.econbiz.de/10012465352
productivity growth, and the exit rate leads all three of these. A vintage capital model in which all technological progress is … operational, both output and productivity increase …
Persistent link: https://www.econbiz.de/10012472866
allow for investment in physical capital and aggregate fluctuations. In the aftermath of a positive productivity shock, the … common productivity component reverts to its unconditional mean, the new entrants that survive become more productive over …
Persistent link: https://www.econbiz.de/10012459446
In this paper, we propose an extension of the productivity decomposition method developed by Olley & Pakes (1996). This … extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks … productivity and another accounting for market share reallocations among those firms - following the same methodology as the one …
Persistent link: https://www.econbiz.de/10012460478
We examine the evolving structure of the U.S. hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding...
Persistent link: https://www.econbiz.de/10012466967
We study the stochastic behavior of a dynamic general equilibrium model with monopolistic competition. Each seller sells his product in the consumption goods as well as the investment goods market and has market power in both. Consumers derive utility from a CES aggregate of all the consumption...
Persistent link: https://www.econbiz.de/10012474378
of climate change on sectoral reallocation and aggregate productivity. First, I use firm-level data from a wide range of … countries to estimate the effect of temperature on productivity in manufacturing and services. Estimates suggest that extreme … heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to …
Persistent link: https://www.econbiz.de/10012481491
This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge …
Persistent link: https://www.econbiz.de/10012464694
reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics … accelerated reallocation even more productivity enhancing than reallocation in normal times. In the Great Recession, we find the … intensity of reallocation fell rather than rose and the reallocation that did occur was less productivity enhancing than in …
Persistent link: https://www.econbiz.de/10012458240