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This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa-based Centre for the Study of Living Standards (CSLS). The objective of the Monitor is to focus atttention on the importance of productivity for improving living standards and quality of...
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techniques to establishment-level data from the U.S. Census of Construction and Manufacturing to assess returns to scale and … from 0.86 in Non-metallic Minerals to 1.3 in Semiconductors. Returns to scale tend to be highest in durable manufacturing …, medium in non-durable manufacturing and lowest in the production of housing. An economy characterized by such differences in …
Persistent link: https://www.econbiz.de/10012970040
I quantify efficiencies that were created following a horizontal merger between Coca-Cola and Glaceau, the manufacturer of Vitaminwater and Smartwater, in the U.S. premium bottled water market. I estimate a structural demand and supply model where manufacturers choose advertising, product...
Persistent link: https://www.econbiz.de/10012908039
This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts...
Persistent link: https://www.econbiz.de/10012829706
Using the overcharge estimates for 333 cartel episodes, we evaluate the impact of cartel characteristics and changes in the market and legal environment on the magnitude of overcharges imposed by private cartels in the US and other geographic markets as early as the 18th century. The median...
Persistent link: https://www.econbiz.de/10012766577
the U.S. appeared to have a slight lead resulting from earlier adoption of cigarette manufacturing machines. After the …
Persistent link: https://www.econbiz.de/10014129962
/1871 to derive a series of total factor productivity (TFP) comparisons for a sample of manufacturing establishments located …
Persistent link: https://www.econbiz.de/10005609157
This paper studies the sub-sectoral contributions to aggregate manufacturing labor share decline in the US between 1979 … and 2019. Using the Log Mean Divisia index (LMDI) decomposition, the decline in the manufacturing sector's labor share is … manufacturing. Moreover, low labor share sub-sectors (especially Chemical products, Food and Beverage and Tobacco products, and …
Persistent link: https://www.econbiz.de/10014483592
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10013047857