Collard-Wexler, Allan; Loecker, Jan De - Griswold Center for Economic Policy Studies, Department … - 2012
This paper studies the role of technology and competition in industry-wide productivity growth. We rely on a unique … technology, the minimill, on aggregate productivity. In addition we trace out its associated impact on productivity and market … introduction of a new production technology spurred productivity growth through two channels. First, the entry of minimills lead to …