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41,188
Aggregate Productivity Growth: Lessons from Microeconomic Evidence
, 2000
"... Recent research using establishment and firm level data has raised a variety of conceptual and measurement questions regarding our understanding of aggregate productivity growth. 1 Several key, related findings are of interest. First, there is large scale, ongoing reallocation of outputs and input ..."
Abstract
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Cited by 472 (49 self)
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Recent research using establishment and firm level data has raised a variety of conceptual and measurement questions regarding our understanding of aggregate productivity growth. 1 Several key, related findings are of interest. First, there is large scale, ongoing reallocation of outputs
Productivity Growth, Convergence, and Welfare: What the Long-Run Data Show
- AMERICAN ECONOMIC REVIEW
, 1986
"... ..."
The impact of trade on Intra-Industry reallocations and aggregate industry productivity.
- Econometrica,
, 2003
"... This paper develops a dynamic industry model with heterogeneous firms to analyze the intra-industry effects of international trade. The model shows how the exposure to trade will induce only the more productive firms to enter the export market (while some less productive firms continue to produce o ..."
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Cited by 1584 (22 self)
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productivity growth generated by the reallocations contributes to a welfare gain, thus highlighting a benefit from trade that has not been examined theoretically before. The paper adapts Hopenhayn's (1992a) dynamic industry model to monopolistic competition in a general equilibrium setting. In so doing
Entrepreneurship: Productive, Unproductive, and Destructive
- JOURNAL OF POLITICAL ECONOMY
, 1990
"... The basic hypothesis is that, while the total supply of entrepreneurs varies anlong societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities such as innovation and largely unproductive activitie ..."
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Cited by 641 (2 self)
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The basic hypothesis is that, while the total supply of entrepreneurs varies anlong societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities such as innovation and largely unproductive
National debt in a neoclassical growth model.'
- American Economic Review,
"... This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without durable ..."
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Cited by 698 (0 self)
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This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without
Understanding Productivity: Lessons from Longitudinal Microdata
, 2000
"... This paper reviews research that uses longitudinal microdata to document productivity movements and to examine factors behind productivity growth. The research explores the dispersion of productivity across firms and establishments, the persistence of productivity differentials, the consequences of ..."
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Cited by 410 (5 self)
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This paper reviews research that uses longitudinal microdata to document productivity movements and to examine factors behind productivity growth. The research explores the dispersion of productivity across firms and establishments, the persistence of productivity differentials, the consequences
The Nature and Growth of Vertical Specialization in World Trade
- Journal of International Economics
"... Abstract: Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical trading chain stretching across many countries, with each country specializing in particular stages of a good’s production sequence. We document a key aspe ..."
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Cited by 481 (20 self)
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Abstract: Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical trading chain stretching across many countries, with each country specializing in particular stages of a good’s production sequence. We document a key
Exceptional Exporter Performance: Cause, Effect or Both
- Journal of International Economics
, 1999
"... A growing body of empirical work has documented the superior performance characteristics of exporting plants and firms relative to non-exporters. Employment, shipments, wages, productivity and capital intensity are all higher at exporters at any given moment. This paper asks whether good firms becom ..."
Abstract
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Cited by 709 (22 self)
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and the probability of survival are both higher for exporters; however, productivity and wage growth is not superior,
The modern industrial revolution, exit, and the failure of internal control systems
- JOURNAL OF FINANCE
, 1993
"... Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average ( ..."
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Cited by 972 (6 self)
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(but decreasing marginal) productivity of labor, reduced growth rates of labor income, excess capacity, and the requirement for downsizing and exit. The last two decades indicate corporate internal control systems have failed to deal effectively with these changes, especially slow growth
Indivisible labor and the business cycle
- Journal of Monetary Economics
, 1985
"... A growth model with shocks to technology is studied. Labor is indivisible, so all variability in hours worked is due to fluctuations in the number employed. We find that, unlike previous equilibrium models of the business cycle, this economy displays large fluctuations in hours worked and relatively ..."
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Cited by 805 (10 self)
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A growth model with shocks to technology is studied. Labor is indivisible, so all variability in hours worked is due to fluctuations in the number employed. We find that, unlike previous equilibrium models of the business cycle, this economy displays large fluctuations in hours worked
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41,188
