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Reallocation, firm turnover, and efficiency: selection on productivity or profitability?

Foster, Lucia; Haltiwanger, John; Syverson, Chad - 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/10010274165

Firms and Labor in Times of Violence: Evidence from the Mexican Drug War

Utar, Hale - 2022

This paper examines how firms in an emerging economy are affected by violence due to drug trafficking. Employing rich longitudinal plant-level data covering all of Mexico from 2005–2010, and using an instrumental variable strategy that exploits plausibly exogenous spatiotemporal variation in...

Persistent link: https://www.econbiz.de/10013351699

Productivity, welfare and reallocation: theory and firm-level evidence

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009

where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …

Persistent link: https://www.econbiz.de/10010269431

Reallocation and Technology: Evidence from the U.S. Steel Industry

Collard-Wexler, Allan; De Loecker, Jan - C.E.P.R. Discussion Papers - 2013

We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase …

Persistent link: https://www.econbiz.de/10011083447