Jensen, J. Bradford; McGuckin, Robert H.; Stiroh, Kevin J. - In: The Review of Economics and Statistics 83 (2001) 2, pp. 323-332
This paper examines the evolution of productivity in U.S. manufacturing plants from 1963 to 1992. We define a vintage effect as the change in productivity of recent cohorts of new plants relative to earlier cohorts of new plants, and a survival effect as the change in productivity of a...
