An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth by : Robert V. Breunig

Download or read book An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth written by Robert V. Breunig and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from changes in the share of output or value added between firms. Our measure solves an aggregation problem which arises in summing up firm-level contributions to aggregate productivity growth. It also allows for straightforward interpretation of the productivity contribution of entering and exiting firms.

The Oxford Handbook of Productivity Analysis

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Publisher : Oxford University Press
ISBN 13 : 0190226730
Total Pages : 902 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Oxford Handbook of Productivity Analysis by : Emili Grifell-Tatjé

Download or read book The Oxford Handbook of Productivity Analysis written by Emili Grifell-Tatjé and published by Oxford University Press. This book was released on 2018-08-07 with total page 902 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivity dynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to, productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention. The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hard to define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality of management practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare.

Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth

Download Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth PDF Online Free

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth by : Simon Bruhn

Download or read book Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth written by Simon Bruhn and published by . This book was released on 2023* with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Producer Dynamics

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Publisher : University of Chicago Press
ISBN 13 : 0226172570
Total Pages : 623 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Producer Dynamics by : Timothy Dunne

Download or read book Producer Dynamics written by Timothy Dunne and published by University of Chicago Press. This book was released on 2009-05-15 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.

Older and Slower

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Older and Slower by : Titan Alon

Download or read book Older and Slower written by Titan Alon and published by . This book was released on 2017 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the link between declining firm entry, aging incumbent firms and sluggish U.S. productivity growth. We provide a dynamic decomposition framework to characterize the contributions to industry productivity growth across the firm age distribution and apply this framework to the newly developed Revenue-enhanced Longitudinal Business Database (ReLBD). Overall, several key findings emerge: (i) the relationship between firm age and productivity growth is downward sloping and convex; (ii) the magnitudes are substantial and significant but fade quickly, with nearly 2/3 of the effect disappearing after five years and nearly the entire effect disappearing after ten; (iii) the higher productivity growth of young firms is driven nearly exclusively by the forces of selection and reallocation. Our results suggest a cumulative drag on aggregate productivity of 3.1% since 1980. Using an instrumental variables strategy we find a consistent pattern across states/MSAs in the U.S. The patterns are broadly consistent with a standard model of firm dynamics with monopolistic competition.

From Firm-Level Imports to Aggregate Productivity

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Publisher : International Monetary Fund
ISBN 13 : 1475533098
Total Pages : 32 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis From Firm-Level Imports to Aggregate Productivity by : Mr.JaeBin Ahn

Download or read book From Firm-Level Imports to Aggregate Productivity written by Mr.JaeBin Ahn and published by International Monetary Fund. This book was released on 2016-09-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the Korean manufacturing firm-level data, this paper confirms that three stylized facts on importing hold in Korea: the ratio of imported inputs in total inputs tends to be procyclical; the use of imported inputs increases productivity; and larger firms are more likely to use imported inputs. As a result, we find that firm-level import decisions explain a non-trivial fraction of aggregate productivity fluctuations in Korea over the period between 2006 and 2012. Main findings of this paper suggest a possible link between the recent global productivity slowdown and the global trade slowdown.

Older and Slower

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Older and Slower by : Titan Alon

Download or read book Older and Slower written by Titan Alon and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the link between declining firm entry, aging incumbent firms and sluggish U.S. productivity growth. We provide a dynamic decomposition framework to characterize the contributions to industry productivity growth across the firm age distribution and apply this framework to the newly developed Revenue-enhanced Longitudinal Business Database (ReLBD). Overall, several key findings emerge: (i) the relationship between firm age and productivity growth is downward sloping and convex; (ii) the magnitudes are substantial and significant but fade quickly, with nearly 2/3 of the effect disappearing after five years and nearly the entire effect disappearing after ten; (iii) the higher productivity growth of young firms is driven nearly exclusively by the forces of selection and reallocation. Our results suggest a cumulative drag on aggregate productivity of 3.1% since 1980. Using an instrumental variables strategy we find a consistent pattern across states/MSAs in the U.S. The patterns are broadly consistent with a standard model of firm dynamics with monopolistic competition.

Productivity and Inequality

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Publisher : Springer
ISBN 13 : 331968678X
Total Pages : 339 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Productivity and Inequality by : William H. Greene

Download or read book Productivity and Inequality written by William H. Greene and published by Springer. This book was released on 2018-02-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume highlights the state-of-the-art knowledge (including data analysis) of productivity, inequality and efficiency analysis. It showcases a selection of the best papers from the 9th North American Productivity Workshop. These papers are relevant to academia, but also to public and private sectors in terms of the challenges that firms, financial institutions, governments, and individuals may face when dealing with economic and education related activities that lead to increase or decrease of productivity. The volume also aims to bring together ideas from different parts of the world about the challenges those local economies and institutions may face when changes in productivity are observed. These contributions focus on theoretical and empirical research in areas including productivity, production theory and efficiency measurement in economics, management science, operation research, public administration, and education. The North American Productivity Workshop (NAPW) brings together academic scholars and practitioners in the field of productivity and efficiency analysis from all over the world, and this proceedings volume is a reflection of this mission. The papers in this volume also address general topics as education, health, energy, finance, agriculture, transport, utilities, and economic development, among others. The editors are comprised of the 2016 local organizers, program committee members, and celebrated guest conference speakers.

Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective

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Publisher : OECD Publishing
ISBN 13 : 9264019332
Total Pages : 165 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective by : OECD

Download or read book Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective written by OECD and published by OECD Publishing. This book was released on 2004-03-26 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique tool providing facts, figures and analysis of economic growth in OECD countries. The analysis focuses on the growth patterns of OECD countries during the last decade and identifies the fundamental drivers of growth.

Advances in Efficiency and Productivity Analysis

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Publisher : Springer Nature
ISBN 13 : 3030471063
Total Pages : 371 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Advances in Efficiency and Productivity Analysis by : Christopher F. Parmeter

Download or read book Advances in Efficiency and Productivity Analysis written by Christopher F. Parmeter and published by Springer Nature. This book was released on 2020-10-21 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.

OECD Growth Project

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Publisher :
ISBN 13 :
Total Pages : 516 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis OECD Growth Project by :

Download or read book OECD Growth Project written by and published by . This book was released on 2001 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Competition and Firm Productivity

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Publisher : International Monetary Fund
ISBN 13 : 1451982119
Total Pages : 36 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Competition and Firm Productivity by : Sandra Ospina

Download or read book Competition and Firm Productivity written by Sandra Ospina and published by International Monetary Fund. This book was released on 2010-03-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent.

From Firm Productivity Dynamics to Aggregate Efficiency

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis From Firm Productivity Dynamics to Aggregate Efficiency by : Bernabe Lopez-Martin

Download or read book From Firm Productivity Dynamics to Aggregate Efficiency written by Bernabe Lopez-Martin and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The author constructs a quantitative framework to evaluate how financial constraints can reduce productivity growth at the firm level and result in lower aggregate productivity. The author considers a model where firms are able to invest in innovation in order to increase their productivity, or knowledge capital. This investment is a costly and uncertain enterprise. As the capacity to obtain external funds is diminished, resources allocated to this effort will be reduced due to different mechanisms at work. First, the return of this investment in the case of success may be diminished by the inability to quickly increase production capacity if the credit necessary to do so is scarce (i.e., if entrepreneurs cannot rent the optimal level of physical capital). Second, financial constraints reduce profits obtained by entrepreneurs and therefore the amount of assets they are able to accumulate in every period. Finally, financially underdeveloped economies will be characterized by a lower average ability of entrepreneurs. This is due to the lower equilibrium wage in the economy, which results in a larger mass of individuals opting to set up firms. In the margin, these individuals tend to have lower ability to manage a firm and relatively low prospects of generating firm productivity growth through innovation.

The Economics of Firm Productivity

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Publisher : Cambridge University Press
ISBN 13 : 1108489230
Total Pages : 243 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis The Economics of Firm Productivity by : Carlo Altomonte

Download or read book The Economics of Firm Productivity written by Carlo Altomonte and published by Cambridge University Press. This book was released on 2022-04-21 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides empirical evidence on how firm-level data can help governments strike the right policy balance and ultimately achieving higher aggregate productivity.

OECD Economic Outlook, Volume 2001 Issue 1

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Publisher : OECD Publishing
ISBN 13 : 9264193669
Total Pages : 304 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Economic Outlook, Volume 2001 Issue 1 by : OECD

Download or read book OECD Economic Outlook, Volume 2001 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2001-06-13 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. This issue's special features cover aging populations' impact onpublic budgets, productivity, the cost-effectiveness of environmental policies and challenges for tax policy.

Aggregate Productivity and the Productivity of Aggregates

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Aggregate Productivity and the Productivity of Aggregates by : Susanto Basu

Download or read book Aggregate Productivity and the Productivity of Aggregates written by Susanto Basu and published by . This book was released on 1995 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explanations of procyclical productivity play a key role in a variety of business-cycle models. Most of these models, however, explain this procyclicality within a representative-firm paradigm. This procedure is misleading. We decompose aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these terms measure composition effects such as reallocations of inputs across productive units. We apply this decomposition to U.S. data by aggregating from roughly the two-digit level to the private economy. We find that the compositional terms are significantly procyclical. Controlling for these terms virtually eliminates the evidence for increasing returns to scale, and implies that input growth is uncorrelated with technology change.

OECD Papers

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Publisher :
ISBN 13 :
Total Pages : 322 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis OECD Papers by :

Download or read book OECD Papers written by and published by . This book was released on 2002 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of reports previously issued by the OECD.