We develop a simple estimator for production functions in the presence of endogenous productivity change that allows us … to retrieve productivity and its relationship with R\&D at the firm level. By endogenizing the productivity process we … as a generalization of the knowledge capital model (Griliches 1979) that has remained a cornerstone of the productivity …

total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …

aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …

structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions …

increasing in firm productivity while the number of produced products that are exported is weakly increasing in firm productivity … the relationships between firm productivity and the numbers of exported products observed in the data, several demand and …

firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …

multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country …

We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn … establishments enter and increase market share). We find that (a) 'external restructuring' accounts for 50% of labour productivity …

patenting. Furthermore, it explains why R&D as a fraction of revenues is strongly related to firm productivity yet largely …