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Aggregate productivity growth can be decomposed into growth within establishments, between establishments, and the impact of entering and exiting establishments. We demonstrate that such a productivity decomposition formula can also be used for studying intra-establishment restructuring through...
Persistent link: https://www.econbiz.de/10014061504
We examine how Sutton's "bounds" approach works in a small country where industries have relatively high export and import intensities. Import competition is used as an indicator for the degree of competition in the low sunk cost industries. The bounds are estimated as stochastic frontiers,...
Persistent link: https://www.econbiz.de/10014055297