Webb3 apr. 2010 · Abstract. This paper discusses the stylized facts, the theory, and the remaining problems of productivity dispersion, which is essentially related to the concept of equilibrium in the neoclassical theory. Empirical study of data relating to Japanese firms shows that they all obey the Pareto law, and also that the Pareto index decreases with … WebbProductivity and Misallocation. Chang-Tai Hsieh & Pete Klenow. The starting point of a large body of recent research on economic growth is the notion that differences in aggregate total factor productivity (TFP) may not be driven solely by technology but rather in part by allocative efficiency. The key building block of this literature is the ...
Firm-Level Dispersion in Productivity: Is the Devil in the …
Webb16 mars 2024 · Generally, land fragmentation is a universal trait of all agricultural systems which affects farmland productivity and no one had documented a rural society where there was no land fragmentation. Hence, this study sought to ascertain the effects of land fragmentation on farmland productivity in the highland districts of Northwestern … WebbThe model predicts that the pass-through of aggregate labor productivity to average wages is lower when productivity dispersion across firm is high, meaning that all else equal, an … did grant gustin have his baby
Impact of economic growth and labor productivity dispersion on energy …
WebbAbstract. Measuring the dispersion of productivity or efficiency across firms in a market or industry is rife with methodological issues. Nevertheless, the existence of considerable dispersion now is well documented and widely accepted. Less well understood are the economic features and mechanisms underlying the magnitude of dispersion and how ... Webb1 juni 2010 · First, productivity dispersion is argued to be largely illusory and follows from measurement error in both inputs and outputs, or differences in the production technologies of firms. Griffith et al. (2006) emphasize that even in narrowly defined industries firms may be different for example with respect to production technology. WebbAs with wage dispersion, the increase in productivity dispersion has not occurred homogeneously across countries. Productivity divergence within a country’s sector the takes place productivity for the group ofif most productive firms increases faster than for the least productive firms. To illustrate the trends in the did grantham university change names