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Plant Vintage, Technology, and Environmental Regulation

Gray, Wayne B. - 2001

Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using … annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … include our technology, vintage, and renovation variables. Sample calculations of the impact of pollution abatement on …

Persistent link: https://www.econbiz.de/10012470238

Reallocation, Firm Turnover, and Efficiency : Selection on Productivity or Profitability?

Foster, Lucia - 2005

There is considerable evidence that producer-level churning contributes substantially to aggregate (industry) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the fact that producer-level prices are typically unobserved;...

Persistent link: https://www.econbiz.de/10012467123

Transition Dynamics in Vintage Capital Models : Explaining the Postwar Catch-Up of Germany and Japan

Gilchrist, Simon - 2004

-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …

Persistent link: https://www.econbiz.de/10012467958

Macroeconomics of Persistent Slumps

Hall, Robert E. - 2016

In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from the economy of the United States, and the discussion...

Persistent link: https://www.econbiz.de/10012456445

Do Well Managed Firms Make Better Forecasts?

Bloom, Nicholas; Kawakubo, Takafumi; Meng, Charlotte; … - National Bureau of Economic Research - 2021

We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms' micro forecasts of...

Persistent link: https://www.econbiz.de/10012794618