This paper investigates the extent to which the gap in total factor productivity between small and large firms is due … to differences in the endowment of factors determining productivity and to the returns associated with these factors. We … productivity gap between small and large firms. In addition, it is observed that the contribution of innovation to this gap is …

insights on the repercussions of the micro-economic reform policy agenda during the study period plagued by a productivity … slowdown and the productivity resurgence due to the emergence of the ‘new economy' and now the challenges to sharpen the … provide superior testable insights on productivity and technical inefficiency than the rival non-parametric Development (DEA …

distance function approach, the purpose is to compare estimates of Luenberger total factor productivity indicators, including … 1990 to 2008, we explore to what extent excluding bad outputs leads to erroneous productivity measurement. The main … appropriate basis of productivity measurement …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

Two main hypotheses are usually put forward to explain the productivity advantages of larger cities: agglomeration … find any impact of selection on local productivity differences. We theoretically show that selection effects do emerge when …

' productivity through more efficient use of capital and labor. Acquirers significantly reduce capital expenditures, wages, and … reallocation. Moreover, changes in productivity help explain the merging firms' announcement returns. The combined announcement … returns are driven by improvements in target's productivity. Targets with greater productivity improvements receive higher …

' productivity through more efficient use of capital and labor. Acquirers reduce capital expenditures, wages, and employment in … industries with better investment opportunities. Moreover, changes in productivity help explain the merging firms' announcement … returns. The combined announcement returns are driven by improvements in target's productivity. Targets with greater …

document dramatic distortions in banks' efficiency, productivity growth and scale elasticity estimates when the endogeneity of …