Collard-Wexler, Allan; Loecker, Jan De - Griswold Center for Economic Policy Studies, Department … - 2012
This paper studies the role of technology and competition in industry-wide productivity growth. We rely on a unique producer-level dataset covering U.S. steel producers between 1963 and 2002 to measure the impact of a drastic new production technology, the minimill, on aggregate productivity. In...