We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …

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 …

The correlation between productivity and competition is an oft-observed but ill-understood result. Some suggest that … there is a treatment effect of competition on measured productivity, e.g. through a reduction of managerial slack. Others …, raising observed average productivity via selection. I study the ready-mix concrete industry and offer three perspectives on …

improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … to the productivity frontier …

, distortions in the supply of non-traded inputs, and perverse incentives for informality creates a drag on productivity growth …

competition on not only clinical outcomes but also productivity and expenditure. Our data set is large, containing information on …

understand the determinants of changes in plant productivity in 2000-2003. During this period there was a 35 percent increase in …

classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This …