Showing 1 - 10 of 4,728
productivity heterogeneity can be incorporated in the standard model of monopolistic competition at a low cost in terms of …This paper studies how productivity shifts at the level of the firm are transmitted to aggregate industry productivity … in a model of heterogeneous firms. We analyse both uniform productivity shifts, and catching up by reducing the …
Persistent link: https://www.econbiz.de/10011967970
characterizing the extent of heterogeneity within an industry that is robust with regard to extreme values of a few small firms. It … was found that the level of intra-industry heterogeneity is mainly determined by an industries' average technical …
Persistent link: https://www.econbiz.de/10010305666
characterizing the extent of heterogeneity within an industry that is robust with regard to extreme values of a few small firms. It … was found that the level of intra-industry heterogeneity is mainly determined by an industries? average technical …
Persistent link: https://www.econbiz.de/10010260821
This paper, which is one of the first to estimate productivity in retail electricity for a European country after … services as the main inputs. A structural model is used with a proxy function for productivity to overcome the endogeneity of … input choice. Ownership is controlled for in the law of motion for productivity. The results of the dataset used to validate …
Persistent link: https://www.econbiz.de/10011404238
productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …
Persistent link: https://www.econbiz.de/10010333034
productivity or vice versa? Using firm-level administrative data for Spain, I find that productivity shocks are followed by … significant increases in size defined by employment. In contrast, size shocks are not followed by productivity gains at the firm …
Persistent link: https://www.econbiz.de/10011994613
parameter and productivity estimates and overestimated productivity differences between firms. …
Persistent link: https://www.econbiz.de/10012037590
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to … approaches. We also show to what extent our three dimensions of heterogeneity allow us to gain deeper and sharper insights on two …
Persistent link: https://www.econbiz.de/10011431264
This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of … credit across firms with heterogeneous productivity. Further, we find that these losses accounted for over half of the … productivity fall between 2008 and 2009, and persisted for smaller (although not larger) firms. …
Persistent link: https://www.econbiz.de/10012422087
This paper examines the impact of local firms' participation in global value chains (GVCs) on productivity by … firm productivity and GVC participation: firms that enter GVCs have high productivity before participating in the GVCs … (selection effect), and only Indonesian firms which entered GVCs had a high productivity growth after joining GVCs (learning …
Persistent link: https://www.econbiz.de/10012610140