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productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …
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This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of … importance of reallocation for productivity growth. In the model, growth is driven by selection among heterogeneous incumbent …. -- Endogenous growth theory ; firm dynamics ; labor market regulation ; firing costs ; entry and exit ; firm selection …
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Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …
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