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A growing number of studies identify a generalized slowdown in labor productivity growth. The very existence of the … analysis of productivity growth slowdown more fine-grained by shifting the focus to the industry level, considering that the … of the observed trends. We posit that the composition of aggregate productivity matters. In a nutshell, we make the …
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countries and manufacturing industries over the period 2006-2012. In summary, patterns of measured revenue productivity have …-stressed countries (Belgium, Finland, France and Germany). In particular, measured revenue productivity drops for both groups by about 6 … productivity was accompanied by a substantial dip in the proxy we use for TFP in quantity terms, as well as by a strong reduction …
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evolution and decomposition of standard aggregate productivity measures. After controlling for such biases, we decompose … types, if anything, contribute negatively to aggregate productivity and productivity growth. …We demonstrate that common modeling assumptions underlying micro-unit productivity indices induce biases in the …
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The measurement of productivity change (or difference) is usually based on models that make use of strong assumptions … such as competitive behaviour and constant returns to scale. This survey discusses the basics of productivity measurement …
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How do new firms contribute to industry productivity growth at the time of entry and then subsequently over their … have a negative effect on industry productivity growth initially, but a prolonged process of market selection and exit … productivity gap between the exiting and surviving firms narrows. The most important source of industry productivity growth is …
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