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Firm entry, productivity differentials and turnovers in import substituting markets: a study of the petrochemical industry in Colombia
Gutierrez, Luis; Pombo, Carlos - UNIVERSIDAD DEL ROSARIO - 2004
This paper analyses plant entry, total factor productivity growth, average productivity level differentials and … plant cohorts as well as across sub-markets within petrochemicals. Entry flows were steady increasing within plastics … that entrants adopted competitive post-entry strategies. Total factor productivity growth decomposition shows that the …
Persistent link: https://www.econbiz.de/10005769443
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Firm Entry and Productivity Turnovers in Import Substituting Markets: Evidence from the Petrochemical Industry in Colombia
Gutierrez, Luis; Pombo, Carlos - In: Lecturas de Economía (2005) 63, pp. 137-185
this paper analyses plant entry and productivity turnovers across Colombia's petrochemical industry for the 1974 … plants. entry flows increased steadily within plastics and boosted after trade liberalization. Total factor productivity … growth decomposition shows that the incumbent effect dominates the turnover effect. Econometric results suggest that barriers …
Persistent link: https://www.econbiz.de/10005138906
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Forecasting Productivity Using Information from Firm-Level Data
Bartelsman, Eric J.; Wolf, Zoltán - Tinbergen Institute - 2009
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10005016264
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Distorsiones regionales en la asignación de recursos y productividad de las manufacturas en México
Alanis, Pedro J. Martínez - In: Estudios Económicos 27 (2012) 1, pp. 3-59
This paper decomposes the regional effects of resource misallocation on aggregate total factor productivity (TFP), as a variant of the Hsieh and Klenow (2009a) model. Using establishment level data from the 2004 Mexican Economic Census, I calculate the potential regional TFP gains in...
Persistent link: https://www.econbiz.de/10010681106
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Driving Factors of Growth in Hungary - a Decomposition Exercise
Kátay, Gábor; Wolf, Zoltán - Magyar Nemzeti Bank (MNB) - 2008
Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP differences across firms are an amalgam of technological, efficiency and other differences in attributes,...
Persistent link: https://www.econbiz.de/10005562414
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Forecasting Aggregate Productivity using Information from Firm-Level Data
Bartelsman, Eric J.; Wolf, Zoltan - Tinbergen Instituut - 2009
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10011257659
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Does Schumpeterian Creative Destruction Lead to Higher Productivity? The effects of firms’ entry
Carreira, Carlos; Teixeira, Paulino - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2010
suggest that the direct contribution of entry is small. In turn, the regression analysis on the effect of entry on …
Persistent link: https://www.econbiz.de/10008727694
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What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - In: Handbook of Economic Growth
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010869049
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Firm lifecycles and evolution of industry productivity
Hyytinen, Ari; Maliranta, Mika - In: Research Policy 42 (2013) 5, pp. 1080-1098
How do new firms contribute to industry productivity growth at the time of entry and then subsequently over their …
Persistent link: https://www.econbiz.de/10010869351
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What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - Centre of Excellence for Science and Innovation … - 2013
Schumpeterian growth theory has “operationalized” Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus...
Persistent link: https://www.econbiz.de/10010741440