sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

roughly the same the U, S., Japan, and Europe. The cyclical analysis allows an estimate of trend productivity growth …This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The …

Why do cities differ so much in productivity? Using a split-sample IV strategy, we document that up to three quarters … of the large measured dispersion in productivity across US cities is spurious and reflects the "luck of the draw" of … their productivity is only imperfectly correlated with that of older plants, which dominate measured productivity levels …

-level productivity evolution and the equilibrium market configuration. A counterfactual experiment reveals that a 15% R&D subsidy …

productivity of the targeted industries and regions grew significantly faster than those of non-targeted ones. While the plant …-level total factor productivity also grew faster in targeted industries and regions, the misallocation of resources within them … got significantly worse, especially among the entrants, so that the total factor productivity at the industry-region level …

and South Korea), predict large aggregate TFP losses from misallocation of factors across productive units? Our answer is …

productivity, using the annual plant-level panel data on Korean manufacturing sector during the period of 1990 to 1998. The two key … questions examined are whether exporting improves productivity (learning) and/or whether more productive plants export (self …-sectional correlation between exporting and total factor productivity is accounted for by both selection and learning effects. These results …

, accepted in the court-administered rehabilitation procedures after the post-crisis bankruptcy reform in Korea, had experienced … less persistent problems in the pre-bankruptcy Total-Factor-Productivity (TFP) performances than those before the reform … productivity growth utilizing plant level panel data in the Korean manufacturing sector during the 1990-98 period. For this purpose …

productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are … significantly more productive, and the productivity gap is larger the less developed is the local market. We exploit the rich set of …

productivity differences. In contrast, the patterns in Korea are consistent with the presence of some impediments to exit or entry …, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued … that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea …