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productivity analysis, we show that much of the decline in the aggregate labour share stems from the reallocation of resources …
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on productivity. We use a stepwise procedure to find out how the results are influenced by the kind of data that is … age-related wage and productivity effects increases with age. Education increases productivity, but wage under …-compensates productivity especially for those with the highest level of non-technical education. For women the results depend greatly on the …
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We develop an augmented Olley–Pakes (OP) decomposition that allows us to examine how entering and exiting firms contribute to the popular OP covariance measure of allocative efficiency. Applying the decomposition to a comprehensive micro‐level data, we find that a large part of the OP...
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This study analyses the dynamics of productivity growth at the micro level in Finnish manufacturing industries. It is … shown that productivity-enhancing restructuring (so-called “creative destruction”) has played a crucial role especially … since the mid-1980s. Empirical evidence is provided that R&D efforts and exposure to global competition through imports and …
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pressure in a way that selects efficient entrepreneurs from inefficient ones, which stimulates productivity …
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The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …
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