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We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …
Persistent link: https://www.econbiz.de/10013222069
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million firms over 1996-2007 across twelve European countries. We correct for endogeneity using the removal of product-specific quotas following China's entry into the World Trade...
Persistent link: https://www.econbiz.de/10013038317
Industries in which private nonprofit production is present and significant, such as health care and education, account for more than one-fifth of US economic activity. This paper argues that previous analysis of nonprofits has not separated profit-deviating preferences from the state-defined...
Persistent link: https://www.econbiz.de/10013224865
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … to the productivity frontier …
Persistent link: https://www.econbiz.de/10013136026
, distortions in the supply of non-traded inputs, and perverse incentives for informality creates a drag on productivity growth …
Persistent link: https://www.econbiz.de/10013137012
competition on not only clinical outcomes but also productivity and expenditure. Our data set is large, containing information on …
Persistent link: https://www.econbiz.de/10013141157
understand the determinants of changes in plant productivity in 2000-2003. During this period there was a 35 percent increase in …
Persistent link: https://www.econbiz.de/10013143760
classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This …
Persistent link: https://www.econbiz.de/10013144154
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10013069031
competitive barriers increase productivity to Western levels …
Persistent link: https://www.econbiz.de/10013249397