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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 …
Persistent link: https://www.econbiz.de/10014199247
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 …
Persistent link: https://www.econbiz.de/10008654267
We analyse the impact of Covid-19 on productivity using data from an innovative monthly firm survey panel that asks for … quantitative impacts of Covid on inputs and outputs. We find total factor productivity (TFP) fell by up to 5% during 2020–21. The … overall impact combined large reductions in ‘within-firm’ productivity, with an offsetting positive ‘between-firm’ effects as …
Persistent link: https://www.econbiz.de/10013300951
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This paper revisits the results of Bloom, Schankerman, and Van Reenen (2013) on the impact of R&D spillovers on growth. We extend their analysis to include an additional 15 years of data on firm R&D and performance, and update the measures of firms' interactions in technology space and product...
Persistent link: https://www.econbiz.de/10012951906
dispersions in productivity. For example, within narrow industries like cement, oak flooring, and block-ice the total factor … productivity of plants at the 90th percentile is about twice that of those at the 10th percentile. (Lucia Foster, John Haltiwanger … and Chad Syversson, 2008). Unfortunately, analyzing to what extent this heterogeneity in productivity is due to management …
Persistent link: https://www.econbiz.de/10014199249
Are some management practices akin to a technology that can explain company and national productivity, or do they … cross-country total factor productivity differences. …
Persistent link: https://www.econbiz.de/10011486495
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,...
Persistent link: https://www.econbiz.de/10011864551