Showing 1 - 10 of 3,258
evolution emphasize that low sunk entry and exit costs act to speed firm turnover by facilitating entry and increasing the … pressure on inefficient firms to exit. As a result, low cost entry and exit may contribute to aggregate productivity … total factor productivity among entering, exiting, and continuing firms, and quantify the contribution of firm turnover to …
Persistent link: https://www.econbiz.de/10014209522
Resource reallocation from low to high productivity firms can generate large aggregate productivity gains with further potential benefits to economic growth. This study examines the productivity and resource misallocation in a sample of countries in the Middle East and North Africa (MENA) region...
Persistent link: https://www.econbiz.de/10012867624
This paper aims to measure the gross output loss due to misallocation of resources in Mexico during 2008-2018 and to study what determines this resource misallocation. To do so, I use an extension of Hsieh and Klenow (2009) and Mexican Economic Censuses. Alternatively, I estimate resource...
Persistent link: https://www.econbiz.de/10014390552
The manufacturing sector is an important source of productivity growth and exports. Manufacturing firms are generally more productive than firms in the agricultural or services sectors and are an important source of job creation. Little is known about the productivity performance of the sector...
Persistent link: https://www.econbiz.de/10011477321
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
Following Hsieh and Klenow (2009) this paper studies productivity dispersion in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. We consider how much a hypothetical removal of firm-level distortions would increase manufacturing...
Persistent link: https://www.econbiz.de/10014507157
In this paper we provide firm-level evidence on the role of resource misallocation for total factor productivity development in Austria. We apply the indirect approach of measuring misallocation via the dispersion in marginal products within narrowly defined industries of Hsieh and Klenow (2009)...
Persistent link: https://www.econbiz.de/10014279479
An often-neglected potential negative consequence of tariffs is the impact they may have on the misallocation of factor inputs. Trade protection can provide space for domestic firms to increase prices and mark-ups, allowing low-productivity firms to survive, thereby leading to a sub-optimal...
Persistent link: https://www.econbiz.de/10012798728
The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The paper uses data from the Malaysian manufacturing censuses of 2005 and 2010 to measure the country's hypothetical productivity gains if all misallocation within industries are...
Persistent link: https://www.econbiz.de/10012868903
Analysis of firm-level panel data from three sub-Saharan African economies shows that exporting manufacturers have a total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by selection of more efficient producers into exporting or...
Persistent link: https://www.econbiz.de/10013317891