Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from … productivity growth can be attributed to production characteristics other than technical change, particularly scale economies …

-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not … variety (entry), firm scale (productivity), and markups (distortions) to welfare changes differ substantially among the three …

import-competing firms, that this heightened competitive pressure induces productivity gains among these same firms, and that …

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 …-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …

productivity, ii) exporters charge on average higher markups and iii) firms' markups increase (decrease) upon export entry (exit …).We see these findings as a first step in opening up the productivity-export black box, and provide a potential explanation … for the big measured productivity premia for firms entering export markets …

productivity shocks raise income dispersion, lower the price elasticity of demand, and increase imperfectly competitive firms …