We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …

We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …

Starting in the mid 1970s, Chile implemented comprehensive structural market reforms. Using manufacturing plant … productivity constructed from micro data to find that in the aftermath of the reforms, efficiency gains were explained by within …

. Using the stochastic frontier analysis, we compute the drivers of productivity change, such as technical change, returns to …), concessionary water companies (CWCs), and a public water company (PWC) in Chile over two years. Results showed that profit and total … factor productivity levels increased over time at 1.967% and 1.062% per annum, respectively. Technical change, gains in …

process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … results show the presence of lagged effects product innovation on productivity two years after innovation. Compared with the …