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experience no productivity premium. Securing contracts relaxes credit constraints and acts as a mechanism for survival. …
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Which products are potentially produced together? When demand for a product increases, which firms will supply it? Using multi-product production patterns within and across firms, we recover a continuous cost based distance between firms and unproduced products. Higher product distance implies...
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The Global Malmquist Productivity Index (GMPI) stands as an evolution of the Malmquist Productivity Index (MPI … approach, integrating the Nash Bargaining Game model with GMPI to establish a Cross-Productivity Index. Our primary objective … technology while employing geometric averages to derive a conclusive cross-productivity index. The core motivation behind this …
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with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and … income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv … cleansing along the entry and exit margins. Models with homogeneous firms fail to account for the selection and cleansing …
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and intangible capital, greater product complexity, higher revenue and quantity total factor productivity and …
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particular, an increase in the volatility of idiosyncratic productivity shocks significantly decreases aggregate output without …
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