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Economists have long puzzled over the astounding differences in productivity between firms and countries. For example … productivity could be accounted for by differential inputs, such as capital intensity. Syverson looked at industries defined at the … Syverson (2008) show large differences in total factor productivity even within very homogeneous goods industries such as boxes …
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Economists have long puzzled why there are such astounding differences in productivity between firms and countries. For … and Jones (1999) and Jones and Romer (2009) show how the stark differences in productivity across countries account for a … productivity differentials are due to "hard" technological innovations as embodied in patents or adoption of new machinery …
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Are some management practices akin to a technology that can explain company and national productivity, or do they … cross-country total factor productivity differences. …
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Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
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economically and statistically significant impacton firm-level productivity and market value. Patent citations contain more … (total factor) productivity and an eight percent increase in market value. As expected patenting and citation information … feeds into market values immediately but appears to have some additional lagged effects of productivity suggesting gradual …
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We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...
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