[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
create a website
Dynamics of Factor Productivity Dispersions. (2014). Meier, Matthias ; Bayer, Christian ; Mecikovsky, Ariel .
In: 2014 Meeting Papers.
RePEc:red:sed014:719.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 49

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. (2007), Fernandes (2007) and Roberts and Tybout (1997) for reference. Indonesian Plant Data: IBS The Indonesian estimation is based on the Manufacturing Survey of Large and Medium establishments (Survei Tahunan Perusahaan Industri Pengolahan, IBS), provided by the National Institute of Statistics (Badan Pusat Statistik, BPS). The survey covers all entities with 20 or more employees. It consist of plant level data on capital stocks, labor costs, output value, intermediate inputs and value added among other variables.
    Paper not yet in RePEc: Add citation now
  2. • The industry survey have changed their industry classification from ISIC Rev. 2 in 1998 to ISIC Rev. 3 in 1999. We use United Nations concordance tables to construct the four digit industry classification.
    Paper not yet in RePEc: Add citation now
  3. Acemoglu, D., Antras, P., and Helpman, E. (2007). Contracts and technology adoption. American Economic Review, 97(3):916–943.

  4. Amaral, P. S. and Quintin, E. (2010). Limited enforcement, financial intermediation, and economic development: A quantitative assessment. International Economic Review, 51(3):785–811.

  5. Bachmann, R. and Bayer, C. (2011a). Investment dispersion and the business cycle. NBER Working Papers 16861, National Bureau of Economic Research, Inc.
    Paper not yet in RePEc: Add citation now
  6. Bachmann, R. and Bayer, C. (2011b). Uncertainty business cycles - really? NBER Working Papers 16862, National Bureau of Economic Research, Inc.
    Paper not yet in RePEc: Add citation now
  7. Banerjee, A. V. and Moll, B. (2010). Why does misallocation persist? American Economic Journal: Macroeconomics, 2(1):189–206.

  8. Bartelsman, E., Haltiwanger, J., and Scarpetta, S. (2013). Cross-country differences in productivity: The role of allocation and selection. American Economic Review, 103(1):305–34.

  9. Blalock, G. and Gertler, P. J. (2009). How firm capabilities affect who benefits from foreign technology. Journal of Development Economics, 90(2):192–199.

  10. Buera, F. J., Kaboski, J. P., and Shin, Y. (2011). Finance and development: A tale of two sectors. American Economic Review, 101(5):1964–2002.

  11. Caballero, R. J., Engel, E. M. R. A., and Haltiwanger, J. C. (1995). Plant-level adjustment and aggregate investment dynamics. Brookings Papers on Economic Activity, 26(2):1–54.

  12. Chilean Plant Data: ENIA We use the Annual Census of Manufacturing (Encuesta Nacional Industrial Anual, ENIA) conducted by the National Institute of Statistics (Instituto Nacional de Estadsticas, INE) from 1995 to 2007 to get plant level data from Chile.
    Paper not yet in RePEc: Add citation now
  13. Colombian Plant Data: EAM For Colombian estimates, we exploit the plant-level data from the Colombian Manufacturing Survey (Encuesta Anual Manufacturera, EAM) made available through the National Institute of Statistics (Departamento Administrativo Nacional de Estaditicas, DANE) for the period 1977 to 1991. The survey covers information from all plants during 1977-1982, while only contains data on plants above 10 employees during 1983-1984 and from 1985 small plants are included in small proportion. See, for example, Das et al.
    Paper not yet in RePEc: Add citation now
  14. Das, S., Roberts, M. J., and Tybout, J. R. (2007). Market entry costs, producer heterogeneity, and export dynamics. Econometrica, 75(3):837–873.

  15. Dixit, A. (1997). Investment and employment dynamics in the short run and the long run. Oxford Economic Papers, 49(1):1–20.

  16. Doms, M. and Bartelsman, E. J. (2000). Understanding productivity: Lessons from longitudinal microdata. Journal of Economic Literature, 38(3):569–594.

  17. Fernandes, A. M. (2007). Trade policy, trade volumes and plant-level productivity in colombian manufacturing industries. Journal of International Economics, 71(1):52–71.

  18. Foster, L., Haltiwanger, J. C., and Krizan, C. J. (2001). Aggregate productivity growth. lessons from microeconomic evidence. In New Developments in Productivity Analysis, NBER Chapters, pages 303–372. National Bureau of Economic Research, Inc.

  19. Foster, L., Haltiwanger, J., and Syverson, C. (2008). Reallocation, firm turnover, and efficiency: Selection on productivity or profitability? The American Economic Review, 98(1):394–425.

  20. Gilchrist, S. and Williams, J. C. (2000). Putty-clay and investment: A business cycle analysis. Journal of Political Economy, 108(5):928–960.

  21. Gilchrist, S. and Williams, J. C. (2005). Investment, capacity, and uncertainty: A putty-clay approach. Review of Economic Dynamics, 8(1):1–27.

  22. Gilchrist, S., Sim, J. W., and Zakrajek, E. (2013). Misallocation and financial market frictions: Some direct evidence from the dispersion in borrowing costs. Review of Economic Dynamics, 16(1):159 – 176. ce:titleSpecial issue: Misallocation and Productivity/ce:title.

  23. Gourio, F. (2011). Putty-clay technology and stock market volatility. Journal of Monetary Economics, 58(2):117–131.

  24. Henriquez, C. (2008). Stock de capital en chile (1985-2005): Metodologia y resultados. Central Bank of Chile, -:–.

  25. However, we have information on depreciation only until 2001. We use the median depreciation rate of each capital stock (by industry) before 2001, and we multiply it with the reported capital after 2001, to construct a measure of depreciation level for the latter period.
    Paper not yet in RePEc: Add citation now
  26. Hsieh, C.-T. and Klenow, P. J. (2009). Misallocation and manufacturing tfp in china and india. The Quarterly Journal of Economics, 124(4):1403–1448.

  27. In addition, we have missing values in capital for plants who presented information in previous and/or subsequent years. In order to overcome with this issue, we follow Vial (2006) and we estimate the capital category using the following regression by two-digit sectoral level: ln Kit = β0 + β1 ln Kit−1 + θ ln Xit−1 + i + it where Kit is the capital category, i is the individual fixed effect and Xit−1 are a set of explanatory variables (total output, input, employees, wages, fuel costs and expenditures on materials,leasing, industrial services, taxes and others). Given that we have the lagged capital category as explanatory variable, we will only impute the capital for those cases where the plant have reported a value for the previous period. Otherwise, we do not impute it.13 Finally, to proceed with the PIM, we need depreciation level from each capital source.
    Paper not yet in RePEc: Add citation now
  28. Johansen, L. (1959). Substitution versus fixed production coefficients in the theory of economic growth: A synthesis. Econometrica, 27(2):pp. 157–176.
    Paper not yet in RePEc: Add citation now
  29. Kaboski, J. P. (2005). Factor price uncertainty, technology choice and investment delay. Journal of Economic Dynamics and Control, 29(3):509–527.

  30. Midrigan, V. and Xu, D. Y. (2013). Finance and misallocation: Evidence from plant-level data. Forthcoming in American Economic Review, -:–.
    Paper not yet in RePEc: Add citation now
  31. Moll, B. (2014). Productivity losses from financial frictions: Can self-financing undo capital misallocation? Forthcoming in American Economic Review.

  32. Pavcnik, N. (2002). Trade liberalization, exit, and productivity improvement: Evidence from chilean plants. Review of Economic Studies, 69(1):245–76.

  33. Peters, M. (2011). Heterogeneous mark-ups and endogenous misallocation. 2011 Meeting Papers 78, Society for Economic Dynamics.

  34. Ravn, M. O. and Uhlig, H. (2002). On adjusting the hodrick-prescott filter for the frequency of observations. The Review of Economics and Statistics, 84(2):371–375.

  35. Restuccia, D. and Rogerson, R. (2008). Policy distortions and aggregate productivity with heterogeneous plants. Review of Economic Dynamics, 11(4):707–720.

  36. Roberts, M. J. and Tybout, J. R. (1997). The decision to export in colombia: An empirical model of entry with sunk costs. American Economic Review, 87(4):545–64.

  37. Solow, R. M. (1962). Substitution and fixed proportions in the theory of capital. The Review of Economic Studies, 29(3):pp. 207–218.

  38. Stoess, E. (2001). Schmollers Jahrbuch: Zeitschrift fuer Wirtschafts- und Sozialwissenschaften (Journal of Applied Social Science Studies), 121:131–137.
    Paper not yet in RePEc: Add citation now
  39. Syverson, C. (2011). What determines productivity? Journal of Economic Literature, 49(2):326–65.

  40. Tauchen, G. (1986). Finite state markov-chain approximations to univariate and vector autoregressions. Economics Letters, 20(2):177–181.

  41. The Bundesbank had to assess the creditworthiness of all parties backing promissory notes or bills of exchange put up for rediscounting (i.e. as collateral for overnight lending). It implemented this regulation by requiring balance sheet data of all parties involved, which were then archived and collected, see Bachmann and Bayer (2011b), Stoess (2001), and von Kalckreuth (2003) for details.
    Paper not yet in RePEc: Add citation now
  42. The ENIA provides information for all manufacturing plants with total employment of at least ten employees. According to INE statistics, ENIA covers about 50% of total manufacturing employment. The data was used for example by Pavcnik (2002) and Doms and Bartelsman (2000).
    Paper not yet in RePEc: Add citation now
  43. The Indonesian data was employed, for example, by Blalock and Gertler (2009), Peters (2011) and Yang (2012).
    Paper not yet in RePEc: Add citation now
  44. van der Eng, P. (2008). Capital formation and capital stock in indonesia, 1950-2007.

  45. Venkateswaran, V., Hopenhayn, H. A., and David, J. (2013). The informativeness of stock prices, misallocation and aggregate productivity. 2013 Meeting Papers 455, Society for Economic Dynamics.

  46. Vial, V. (2006). New estimates of total factor productivity growth in indonesian manufacturing. Bulletin of Indonesian Economic Studies, 42(3):357–369.

  47. von Kalckreuth, U. (2003). Exploring the role of uncertainty for corporate investment decisions in germany. Swiss Journal of Economics and Statistics (SJES), 139(II):173– 206.

  48. We remove observations from East German firms to avoid a break of the series in 1990. This leaves us with a sample of 854,105 firm-year observations, which corresponds to observations on 72,853 firms. The resulting sample covers roughly 70% of the WestGerman real gross value added in the private non-financial business sector.12 We refer to the sectors Agriculture, Energy and Mining, Manufacturing, Construction, and Trade together as the private non-financial business sector throughout this paper.
    Paper not yet in RePEc: Add citation now
  49. Yang, M.-J. (2012). Micro-level misallocation and selection: Estimation and aggregate implications. Mimeo, Department of Economics, University of Washington, Seattle. A Data A.1 Description of the Databases German Firm Data: USTAN USTAN is itself a byproduct of the Bundesbank’s rediscounting and lending activity.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Government-subsidized R&D and firm innovation: Evidence from China. (2016). Guo, Di ; Jiang, Kun.
    In: Research Policy.
    RePEc:eee:respol:v:45:y:2016:i:6:p:1129-1144.

    Full description at Econpapers || Download paper

  2. Transaction Costs and Institutions: Investments in Exchange. (2015). Trew, Alex ; Nolan, Charles.
    In: CDMA Working Paper Series.
    RePEc:san:cdmawp:1103.

    Full description at Econpapers || Download paper

  3. Governance, Regulation and Innovation: Introducing New Studies. (2013). Ugur, Mehmet.
    In: MPRA Paper.
    RePEc:pra:mprapa:44151.

    Full description at Econpapers || Download paper

  4. Business Groups as Hierarchies of Firms: Determinants of Vertical Integration and Performance. (2013). Rungi, Armando ; Altomonte, Carlo.
    In: Working Papers.
    RePEc:fem:femwpa:2013.33.

    Full description at Econpapers || Download paper

  5. Fiscal decentralization, endogenous policies, and foreign direct investment: Theory and evidence from China and India. (2013). Wang, Yong.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:103:y:2013:i:c:p:107-123.

    Full description at Econpapers || Download paper

  6. Contracting Institutions and Ownership Structure in International Joint Ventures. (2013). van Assche, Ari ; Schwartz, Galina A..
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:2013s-04.

    Full description at Econpapers || Download paper

  7. Task dependence of U.S. service offshoring patterns. (2012). Puschel, Julia .
    In: Discussion Papers.
    RePEc:zbw:fubsbe:201215.

    Full description at Econpapers || Download paper

  8. Market Power, Governance and Innovation: OECD Evidence. (2012). Ugur, Mehmet.
    In: MPRA Paper.
    RePEc:pra:mprapa:44141.

    Full description at Econpapers || Download paper

  9. Labor market institutions, firm-specific skills, and trade patterns. (2012). Tang, Heiwai.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:87:y:2012:i:2:p:337-351.

    Full description at Econpapers || Download paper

  10. Sunk Capital, Unions and the Hold-Up Problem: Theory and Evidence from Sectoral Data. (2012). Sulis, Giovanni ; Cardullo, Gabriele.
    In: Working Paper CRENoS.
    RePEc:cns:cnscwp:201226.

    Full description at Econpapers || Download paper

  11. Trust and Vulnerability.. (2011). Jackson, Ken ; Bidner, Chris.
    In: Discussion Papers.
    RePEc:swe:wpaper:2012-09.

    Full description at Econpapers || Download paper

  12. The network structure of economic output. (2011). Hidalgo, Cesar ; Hausmann, Ricardo.
    In: Journal of Economic Growth.
    RePEc:kap:jecgro:v:16:y:2011:i:4:p:309-342.

    Full description at Econpapers || Download paper

  13. Productivity, Size, and the Disintegration of Industrial Production. (2011). Christensen, Jonas Gade .
    In: Working Papers in Economics.
    RePEc:hhs:bergec:2011_007.

    Full description at Econpapers || Download paper

  14. Global Sourcing of a Complex Good. (2011). Van Biesebroeck, Johannes ; Zhang, Lijun.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:8614.

    Full description at Econpapers || Download paper

  15. ECONOMETRICS FOR GRUMBLERS: A NEW LOOK AT THE LITERATURE ON CROSS‐COUNTRY GROWTH EMPIRICS. (2011). Eberhardt, Markus ; Teal, Francis .
    In: Journal of Economic Surveys.
    RePEc:bla:jecsur:v:25:y:2011:i:1:p:109-155.

    Full description at Econpapers || Download paper

  16. Global Sourcing under Imperfect Capital Markets. (2011). FALLY, Thibault ; Carluccio, Juan.
    In: Working papers.
    RePEc:bfr:banfra:312.

    Full description at Econpapers || Download paper

  17. Technology adoption under hidden information. (2010). Schöttner, Anja ; Demougin, Dominique ; Schottner, Anja.
    In: Journal of Economics.
    RePEc:kap:jeczfn:v:100:y:2010:i:1:p:1-18.

    Full description at Econpapers || Download paper

  18. Traders, courts, and the border effect puzzle. (2010). van Ypersele, Tanguy ; Turrini, Alessandro ; VANYPERSELE, Tanguy .
    In: Regional Science and Urban Economics.
    RePEc:eee:regeco:v:40:y:2010:i:2-3:p:81-91.

    Full description at Econpapers || Download paper

  19. Judicial quality, contract intensity and trade: Firm-level evidence from developing and transition countries. (2010). Zhang, Yifan ; Ma, Yue ; Qu, Baozhi.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:38:y:2010:i:2:p:146-159.

    Full description at Econpapers || Download paper

  20. Unpacking sources of comparative advantage: A quantitative approach. (2010). Chor, Davin.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:82:y:2010:i:2:p:152-167.

    Full description at Econpapers || Download paper

  21. Trade, Foreign Investment, and Industrial Policy for Developing Countries. (2010). Rodriguez-Clare, Andres ; Harrison, Ann .
    In: Handbook of Development Economics.
    RePEc:eee:devchp:v:5:y:2010:i:c:p:4039-4214.

    Full description at Econpapers || Download paper

  22. Competition and Innovation: Evidence from Financial Services. (2009). Bos, J. ; Jaap W. B. Bos, ; Ryan C. R. van Lamoen, ; Kolari, James W..
    In: Working Papers.
    RePEc:use:tkiwps:0916.

    Full description at Econpapers || Download paper

  23. Supply Chain Control: A Theory of Vertical Integration. (2009). Ursino, Giovanni.
    In: MPRA Paper.
    RePEc:pra:mprapa:18357.

    Full description at Econpapers || Download paper

  24. Econometrics for Grumblers: A New Look at the Literature on Cross-Country Growth Empirics. (2009). Teal, Francis ; Eberhardt, Markus.
    In: MPRA Paper.
    RePEc:pra:mprapa:15813.

    Full description at Econpapers || Download paper

  25. Econometrics for Grumblers: A New Look at the Literature on Cross-Country Growth Empirics. (2009). Teal, Francis ; Eberhardt, Markus.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:csae-wps/2009-07.

    Full description at Econpapers || Download paper

  26. Skill Dispersion and Trade Flows. (2009). Pupato, Germán ; Gallipoli, Giovanni ; Bombardini, Matilde.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:15097.

    Full description at Econpapers || Download paper

  27. Legal Protection in Retail Financial Markets. (2009). Gervais, Simon ; Carlin, Bruce I..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14972.

    Full description at Econpapers || Download paper

  28. Creditor protection and the dynamics of the distribution in oligarchic societies. (2009). Oechslin, Manuel.
    In: Journal of Economic Growth.
    RePEc:kap:jecgro:v:14:y:2009:i:4:p:313-344.

    Full description at Econpapers || Download paper

  29. Trade Facilitation and Manufactured Exports: Is Africa Different?. (2009). Kirkpatrick, Colin ; Iwanow, Tomasz .
    In: World Development.
    RePEc:eee:wdevel:v:37:y:2009:i:6:p:1039-1050.

    Full description at Econpapers || Download paper

  30. The Quality-Complementarity Hypothesis: Theory and Evidence from Colombia. (2009). Verhoogen, Eric ; Kugler, Maurice.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:7119.

    Full description at Econpapers || Download paper

  31. Competitiveness and Growth of the Mexican Economy.. (2009). Chiquiar, Daniel ; Francia, Manuel Ramos .
    In: Working Papers.
    RePEc:bdm:wpaper:2009-11.

    Full description at Econpapers || Download paper

  32. Technology adoption and the investment climate : firm-level evidence for Eastern Europe and Central Asia. (2008). Fernandes, Ana ; Uregian, Chris J. ; Correa, Paulo G..
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:4707.

    Full description at Econpapers || Download paper

  33. Trade and Sectoral Productivity. (2008). Fadinger, Harald ; Fleiss, Pablo.
    In: MPRA Paper.
    RePEc:pra:mprapa:6938.

    Full description at Econpapers || Download paper

  34. Contractual Institutions, Financial Development and Vertical Integration: Theory and Evidence. (2008). macchiavello, rocco.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:392.

    Full description at Econpapers || Download paper

  35. The Quality-Complementarity Hypothesis: Theory and Evidence from Colombia. (2008). Verhoogen, Eric ; Kugler, Maurice.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14418.

    Full description at Econpapers || Download paper

  36. Organizations and Trade. (2008). Rossi-Hansberg, Esteban ; Antras, Pol ; Antrs, Pol .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14262.

    Full description at Econpapers || Download paper

  37. The Knowledge Trap: Human Capital and Development Reconsidered. (2008). Jones, Benjamin F..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14138.

    Full description at Econpapers || Download paper

  38. Wages, Unemployment and Inequality with Heterogeneous Firms and Workers. (2008). Redding, Stephen ; Itskhoki, Oleg ; Helpman, Elhanan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14122.

    Full description at Econpapers || Download paper

  39. Global sourcing under imperfect capital markets. (2008). FALLY, Thibault.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-00586005.

    Full description at Econpapers || Download paper

  40. Trade and Sectoral Productivity. (2008). Fadinger, Harald ; Fleiss, Pablo.
    In: Working Papers ECARES.
    RePEc:eca:wpaper:2008_005.

    Full description at Econpapers || Download paper

  41. Intangible Capital, Barriers to Technology Adoption and Cross-Country Income Differences. (2007). Hashmi, Aamir.
    In: MPRA Paper.
    RePEc:pra:mprapa:5729.

    Full description at Econpapers || Download paper

  42. Contract Enforcement, Comparative Advantage and Long-Run Growth. (2007). Ottaviano, Gianmarco.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6419.

    Full description at Econpapers || Download paper

  43. Contractual Frictions and Global Sourcing. (2007). Helpman, Elhanan ; Antras, Pol.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6033.

    Full description at Econpapers || Download paper

  44. Contractual Frictions and Global Sourcing. (2007). Helpman, Elhanan ; Antras, Pol.
    In: Levine's Bibliography.
    RePEc:cla:levrem:321307000000000810.

    Full description at Econpapers || Download paper

  45. Institutions and Offshoring Decision. (2007). Nicolini, Marcella.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2074.

    Full description at Econpapers || Download paper

  46. Smithian Growth through Creative Organization. (2007). Proto, Eugenio ; Newman, Andrew ; Legros, Patrick.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2007-002.

    Full description at Econpapers || Download paper

  47. Contractual Frictions and Global Sourcing. (2006). Helpman, Elhanan ; Antras, Pol.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12747.

    Full description at Econpapers || Download paper

  48. Contractual Institutions, Financial Development and Vertical Integration: Theory and Evidence. (2006). macchiavello, rocco.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5903.

    Full description at Econpapers || Download paper

  49. Smithian Growth through Creative Organization. (2006). Proto, Eugenio ; Newman, Andrew ; Legros, Patrick.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5709.

    Full description at Econpapers || Download paper

  50. Smithian Growth through Creative Organization. (2006). Proto, Eugenio ; Newman, Andrew ; Legros, Patrick.
    In: Boston University - Department of Economics - The Institute for Economic Development Working Papers Series.
    RePEc:bos:iedwpr:dp-158.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-24 03:38:48 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.