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A regional analysis of the steel industry with emphasis on the economic performance of minimills and integrated mills.
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Procyclical productivity plays an important role in many models of aggregate fluctuations. However, recent studies … procyclicality of productivity observed in aggregate data may be understated. Using plant-level microdata, this paper finds that the … component in aggregate productivity. This paper shows that such composition changes may cause a downward bias in industry …
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A study of whether states differ in terms of technical inefficiency in their manufacturing sectors.
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productivity between 1965 and 1977. Results show that the effect of public capital stock on regional productivity, although limited …
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Nearly thirty years ago, Arthur Okun posed the question, "How much output can the economy produce under conditions of full employment?" He offered a "simple and direct" answer that now, with the benefit of hindsight, seems outmoded and inadequate. This article argues that a minor modification of...
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