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The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10011729259
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10010202776
Persistent link: https://www.econbiz.de/10011721222
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10013057331
Persistent link: https://www.econbiz.de/10003345359
Persistent link: https://www.econbiz.de/10012035153
' heterogeneous productivity gains and sales dynamics, and innovation activities ultimately shape the patterns of employment dynamics …. Using firm's productivity growth as a proxy for process innovation, our results show that the latter correlates negatively … with firm-level employment growth. Conversely, relative productivity levels, as such a general proxy for the broad …
Persistent link: https://www.econbiz.de/10012130660
' heterogeneous productivity gains and sales dynamics, and innovation activities ultimately shape the patterns of employment dynamics …. Using firm's productivity growth as a proxy for process innovation, our results show that the latter correlates negatively … with firm-level employment growth. Conversely, relative productivity levels, as such a general proxy for the broad …
Persistent link: https://www.econbiz.de/10011741980
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity … sector, the distribution of gains from the impressive labour productivity growth appears to be markedly uneven. Finally …
Persistent link: https://www.econbiz.de/10011986753
This article explores the dynamics of market selection by investigating of the relationships linking productivity …, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10010500809