values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of … Britain, Italy, and Spain), using industry]level (EU]KLEMS) and firm]level (Amadeus) data. After adding further assumptions …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … contributions to welfare for a set of European OECD countries (Belgium, France, Great Britain, Italy, Spain), using industry …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

lead to increased resource misallocation (i.e., an increase in the dispersion of revenue productivity across firms in four …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

This paper relates firm level input changes and productivity to aggregate growth of the Hungarian economy for the … the role of firm productivity in growth was not stable over time. It played important role in early transition and in the … input reallocation shows a decreasing trend in Hungary. -- Growth decomposition ; productivity ; reallocation ; firm level …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

aggregate productivity growth. This paper extends our understanding of industry differences in the competitive process by … examining firm turnover and productivity growth in various services industries in Canada and situating them relative to … entrants are relatively large at birth, the penalty for entry at suboptimal size or productivity is higher. The reallocation …

Total factor productivity (TFP) in Latin America has not increased relative to the US since the mid- 1970s, and in many …-level data from 10 Latin American countries to quantify the heterogeneity of firm productivity and the degree of resource … misallocation within countries. Productivity heterogeneity and resource misallocation are found to be much larger than in the United …

productivity losses due to distortions that misallocate resources, the paper finds that one peso of capital and labor allocated to … informality reduce total factor productivity …