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markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10010599240
relationships between particular resources and productivity. The paper analyzes the implications of this process on the estimation … of agricultural production functions using a panel of countries. The data includes a measure of capital in agriculture … land and reducing those of fertilizer and labor. The evaluation of the marginal value productivity accounts for the flow of …
Persistent link: https://www.econbiz.de/10010599700
contribution of such job matching to aggregate urban productivity appears to be relatively modest. …
Persistent link: https://www.econbiz.de/10010599810
the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. The …, these cost savings can be very large. The estimates of productivity effects are also positive, albeit rather small. …
Persistent link: https://www.econbiz.de/10010600201
productivity (TFP). In this article, we summarize a recent literature — and the articles in this special issue on misallocation … and productivity — that focus on the reallocation of factors across heterogenous production units as an important source …
Persistent link: https://www.econbiz.de/10010600529
Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth … starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants … across industries we fail to robustly relate productivity growth to prominent reforms such as industrial de-licensing, tariff …
Persistent link: https://www.econbiz.de/10010600532
of Italian manufacturing firms for the period 1995-2003. Financing constraints reduce the aggregate productivity gains …
Persistent link: https://www.econbiz.de/10010600534
We examine the link between trade liberalization and aggregate productivity, with a focus on improved market selection … closely on productivity. Using a dynamic simulation, we find that enhanced selection increases aggregate productivity … substantially. Trade liberalization also increases productivity of incumbent plants and improves the allocation of activity. We find …
Persistent link: https://www.econbiz.de/10010600535
Hsieh and Klenow (2009) argue that a large fraction of aggregate TFP differences between the U.S. and the developing countries of China and India can be explained by factor misallocation. Their interpretation is that this misallocation is due to institutions and policies in these developing...
Persistent link: https://www.econbiz.de/10010600537
Measured total factor productivity often declines sharply during financial crises. In 1982, the Chilean manufacturing … derive the appropriate measure of aggregate productivity to which it should be compared. Across specifications, within …
Persistent link: https://www.econbiz.de/10010600538