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Applying the Foster, Haltiwanger, and Krizan (FHK) (2001) decomposition to plant-level manufacturing data from Chile and Korea, we find that the entry and exit of plants account for a larger fraction of aggregate productivity growth during periods of fast GDP growth. Studies of other countries...
Persistent link: https://www.econbiz.de/10012850243
Applying the Foster, Haltiwanger and Krizan (FHK) (2001) decomposition to plant-level manufacturing data from Chile and Korea, we find that the entry and exit of plants account for a larger fraction of aggregate productivity growth during periods of fast GDP growth. To analyze this relationship,...
Persistent link: https://www.econbiz.de/10013323440
Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two reasons: one, the productivity of a firm should...
Persistent link: https://www.econbiz.de/10011807645
Following Hsieh and Klenow (2009), this paper studies productivity dispersions in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. The United States is used as a benchmark to estimate the reallocation of capital and labor to equalize...
Persistent link: https://www.econbiz.de/10010247128
The objective of this study is to investigate the validity of the Kaldor-Verdoorn's Law in explaining the long run determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries, Australia, Canada, Japan and United States). We...
Persistent link: https://www.econbiz.de/10009687389
This article examines the growth attributes of manufacturing industries in China for the sample period of 1999–2007. The output growth of manufacturing industries classified under four groups and four regions is decomposed into four components of input growth, scale effect, technical progress,...
Persistent link: https://www.econbiz.de/10013096923
The Chilean economy experienced a decade of sustained growth in aggregate out-put and productivity after the 1982 financial crisis. This paper analyzes the effects of resource misallocation on total factor productivity (TFP) of the manufacturing sector by applying the methodology of Hsieh and...
Persistent link: https://www.econbiz.de/10013081630
The paper estimates a conditional ß-convergence model of labor productivity growth in Italy's manufacturing industry during 1871-1911, accounting for spatial dependence. The empirical evidence is based on a recent set of data at provincial (NUTS 3) level on manufacturing value added at 1911...
Persistent link: https://www.econbiz.de/10012992100
This study investigates the impact of the entry and exit of establishments within the bounds of size on the productivity growth of 29 export-leading industries and 13 other exporting industries. The impact of entry and exit dynamics of small and medium-sized establishments (SMEs) and large...
Persistent link: https://www.econbiz.de/10012919361
We analyze the causal impact of the industrial policy structure on the formation of zombie firms, using a rich data set of manufacturing firms in China between 1998 and 2007. We find that selective industrial policy schemes increase zombie shares in skill intensive sectors, because as subsidized...
Persistent link: https://www.econbiz.de/10013233829