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Although employment at individual firms tends to be highly non-stationary, the employment size distribution of all firms in the United States appears to be stationary. It closely resembles a Pareto distribution. There is a lot of entry and exit, mostly of small firms. This paper surveys general...
Persistent link: https://www.econbiz.de/10008552689
Although employment at individual firms tends to be highly nonstationary, the employment size distribution of all firms in the United States appears to be stationary. It closely resembles a Pareto distribution. There is a lot of entry and exit, mostly of small firms. This review surveys general...
Persistent link: https://www.econbiz.de/10009226033
productivity due to better and wider choice of inputs. In addition, at least theoretically, the mechanism of selection eliminates … digit sector. We compare relative importance of the within firm channel of productivity increase vis-à-vis the selection …In the literature, trade liberalization increases industry productivity through two channels. First, firms increase …
Persistent link: https://www.econbiz.de/10011132200
We identify the net effect of foreign direct investment (FDI) on the host economy by separating positive productivity … show that the positive effect of FDI on the host economy's aggregate productivity is a myth. Foreigners invest in high … productivity firms and sectors but do not increase productivity of the acquired firms and enhance productivity of the average …
Persistent link: https://www.econbiz.de/10011124044
-level productivity distribution to the right. Selection expels less productive plants through competition, which truncates the …We examine two sources of productivity improvements in localized industrial clusters of the silk-reeling industry in … prewar Japan. Agglomeration improves the productivity of each plant through positive externalities which shift plant …
Persistent link: https://www.econbiz.de/10010785294
This paper analyzes the productivity in the US rail industry for the period 1980 - 2006. I propose a value … productivity gains can be attributed to returns to scale and the reshuffling of resources to more efficient firms. However …, productivity slows down for the period 1995 - 2000 after important concentrations. I also look at the correlations between firm …
Persistent link: https://www.econbiz.de/10010956707
Suppose firms are subject to decreasing returns and permanent idiosyncratic productivity shocks. Suppose also firms can … productivity shocks tend to survive and others are forced to exit. This paper identifies assumptions about entry that guarantee a …
Persistent link: https://www.econbiz.de/10011043055
Persistent link: https://www.econbiz.de/10004999660
due to selection versus actual productivity differences. Whereas previous empirical work has focused on schooling … selection due to both cognitive ability and schooling attainment does not explain more than a small fraction of the sizeable … urban-rural wage gap in Kenya, suggesting that productivity differences across sectors remain large. …
Persistent link: https://www.econbiz.de/10008507014
productivity of each plant through positive externalities, shifting plant-level productivity distribution to the right. Selection … or that agglomeration promotes faster productivity growth. These findings imply that the plant-selection effect was the …We examine two sources of productivity improvement in the specialized industrial clusters. Agglomeration improves the …
Persistent link: https://www.econbiz.de/10009492957