Aggregate Productivity Growth
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Entry Exit And Aggregate Productivity Growth
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Author :
language : en
Publisher:
Release Date : 2000
Entry Exit And Aggregate Productivity Growth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Aggregate And Industry Level Productivity Analyses
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Author : Ali Dogramaci
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Aggregate And Industry Level Productivity Analyses written by Ali Dogramaci and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
1 Ali Dogramaci and Nabil R. Adam 1.1. OVERVIEW With the decline of U.S. productivity growth, interest has surged to under stand the behavior of productivity measures through time, the conceptual foundations of productivity analysis, and the linkage between productivity performance and other major forces in the economy. The purpose of this volume is to present a brief overview of some of the concepts used in aggre gate and industry-level productivity analyses and the results of some of the recent research in this field. The book is divided into three parts. Part I covers some of the methodo logical approaches used in aggregate and industry-level productivity studies. Part II deals with the movement of labor productivity measures through time. The papers in this part of the book study productivity changes as uni variate time series and analyze some of the characteristics of the patterns displayed. The papers in Part III address the issues of measurement of capi tal, the relation of capital formation to productivity growth, and the rela tion of imported intermediate inputs to U.S. productivity performance.
Aggregate Productivity Growth
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Author : Matias Eklöf
language : es
Publisher:
Release Date : 1998
Aggregate Productivity Growth written by Matias Eklöf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
Aggregate Productivity And The Productivity Of Aggregates
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Author : Susanto Basu
language : en
Publisher:
Release Date : 1995
Aggregate Productivity And The Productivity Of Aggregates written by Susanto Basu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business cycles categories.
Explanations of procyclical productivity play a key role in a variety of business-cycle models. Most of these models, however, explain this procyclicality within a representative-firm paradigm. This procedure is misleading. We decompose aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these terms measure composition effects such as reallocations of inputs across productive units. We apply this decomposition to U.S. data by aggregating from roughly the two-digit level to the private economy. We find that the compositional terms are significantly procyclical. Controlling for these terms virtually eliminates the evidence for increasing returns to scale, and implies that input growth is uncorrelated with technology change.
Aggregate Uncertainty And Sectoral Productivity Growth
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Author : Sangyup Choi
language : en
Publisher: International Monetary Fund
Release Date : 2016-08-16
Aggregate Uncertainty And Sectoral Productivity Growth written by Sangyup Choi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-16 with Business & Economics categories.
We show that an increase in aggregate uncertainty—measured by stock market volatility—reduces productivity growth more in industries that depend heavily on external finance. This effect is larger during recessions, when financing constraints are more likely to be binding, than during expansions. Our statistical method—a difference-in-difference approach using productivity growth for 25 industries for 18 advanced economies over the period 1985-2010—mitigates concerns with omitted variable bias and reverse causality. The results are robust to the inclusion of other sources of interaction effects, such as financial development (Rajan and Zingales, 1998) and counter-cyclical fiscal policy (Aghion et al., 2014). The results also hold if economic policy uncertainty (Baker et al., 2015) is used instead of stock market volatility as the measure of aggregate uncertainty.
Aggregate Productivity Growth
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Author : Lucia S. Foster
language : en
Publisher:
Release Date : 1998
Aggregate Productivity Growth written by Lucia S. Foster and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Industrial productivity categories.
In this paper, we exploit establishment-level data to examine the relationship between microeconomic productivity dynamics and aggregate productivity growth. After synthesizing the evidence from recent studies, we conduct our own analysis using establishment-level data for U.S. manufacturing establishments as well for selected service industries. The use of longitudinal micro data on service sector establishments is one of the novel features of our analysis. Our main findings are summarized as follows: (i) the contribution of reallocation of outputs and inputs from less productive to more productive establishments plays a significant role in accounting for aggregate productivity growth; (ii) for the selected service industries considered, the contribution of net entry (more productive entering establishments displacing less productive exiting establishments) is dominant; (iii) the contribution of net entry to aggregate productivity growth is disproportionate and is increasing in the horizon over which the changes are measured since longer horizon yields greater differentials from selection and learning effects; (iv) the contribution of reallocation to aggregate productivity growth varies over time (e.g. is cyclically sensitive) and industries and is somewhat sensitive to subtle differences in measurement and decomposition methodologies
New Developments In Productivity Analysis
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Author : Charles R. Hulten
language : en
Publisher: University of Chicago Press
Release Date : 2007-11-01
New Developments In Productivity Analysis written by Charles R. Hulten and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-01 with Medical categories.
The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Aggregate Productivity And Aggregate Technology
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Author : Susanto Basu
language : en
Publisher:
Release Date : 1997
Aggregate Productivity And Aggregate Technology written by Susanto Basu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Industrial productivity categories.
Measuring Productivity Oecd Manual Measurement Of Aggregate And Industry Level Productivity Growth
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2001-07-16
Measuring Productivity Oecd Manual Measurement Of Aggregate And Industry Level Productivity Growth written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-07-16 with categories.
This manual presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues.
Productivity Analysis
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Author : Ali Dogramaci
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Productivity Analysis written by Ali Dogramaci and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
There is a wide variety of perspectives for productivity analysis. The back grounds of different researchers and practitioners who work on this topic include such fields as economics, business administration, and industrial engineering, among others. Within each such field, there are different schools of thought on the theory and application of productivity analysis. Often it is not difficult to observe a lack of communication among the advocates of these separate schools. The purpose of this book is to present in a single volume samples of alternative approaches to productivity analy sis. This may be considered as a first step toward a better communication among practitioners and researchers in the fields of management, industrial engineering, and economics. The focus of the book is on the United States, where the productivity growth problem has been acute for some time. The book begins with a brief overview chapter that covers some of the issues involved in productivity analysis and a sample of methodological ap proaches presently in use. After this introduction, we move to Chapter 2 where Solomon Fabricant presents the issues related to measurement and analysis at the macroeconomic level. In Chapter 3, C. Lowell Harriss discusses concepts that he considers es sential for productivity growth: capital formation, technological progress, and freedom.