[PDF] Top 20 Essays on Technology, Productivity and Misallocation

... aggregate productivity and the aggregate demand for ...exporter productivity premium, measured by log value added per worker, increases in a low-tech industry and decreases in a high-tech ...industrial ... See full document

... or a given region throughout the 2003-2006 period, we imputed using national values. Looking at Specification (3), in the third column of Table 4.5, it is possible to appreciate how these results are in line with those ... See full document

... Conceptually, the shocks captured by my disclosure data represent firm-specific innovations in their respective productivity processes. First, in models without networks, such shocks do not impact any firm beyond ... See full document

... Job flows have been extensively used as a proxy for the intensity of creative destruction. In a similar spirit, credit flows are used to study how credit market imperfections impede creative destruction by preventing the ... See full document

... of productivity, and given that a fixed cost is required to enter into foreign markets, only high productivity firms find it profitable to ...high productivity is equivalent to the ability to produce ... See full document

... source misallocation negatively affects aggregate productivity in a model of heterogeneous firms to the highest ...factor productivity (TFP) under resource mis- allocation, when frictions are modeled ... See full document

... Science, Technology and Medicine (1907), University of Bedfordshire (1908), Loughborough University (1909), The School of Oriental and African Studies (1916), Swansea University (1920), The University of Leicester ... See full document

... of misallocation are usually expressed in aggregate TFP losses, we have not been able to say much about other ...material productivity is more generally receiving growing attention from an industrial ... See full document

... in technology has continuously narrowed, the per capita income between countries becomes more and more disparate; therefore, international scholars’ research on economic development has gradually focused on the ... See full document

... higher technology levels across the 10 ...or technology besides through listing, because in the first place, for a firm to be listed in a stock exchange it has to be underwritten by investment ...and ... See full document

... substantial misallocation, defined as the gap between actual and po- tential output when marginal products of inputs are equalized, still exists and is greater than that in the more efficient benchmark of ... See full document

... production technology, at the lowest costs and this maximizes their ...production technology is proposed to analyse the hypothesis and measure how significant this is in comparison to existing mo dels where ... See full document

... resource misallocation among heterogeneous firms, Hsieh and Klenow (2009) concluded that the aggregate total factor productivity (TFP) in manufacturing would increase by at least 30 per cent in China and 40 ... See full document

... Column (1) of Panel A reports the coefficient on the constant, which indicates that on average there was a ten percentage point increase in the college wage bill share. This is a very large increase, considering the ... See full document

... The results imply a highly heterogeneous impact of conflict on creative production: defensive or not-lost international wars correspond with significantly higher productivity, whereas co[r] ... See full document

... Usage of technology is expected to change the work profile, and require re-skilling of existing workforce. The workers experienced in old set-up will take time to grasp the changed infrastructure, and they will be ... See full document

... This thesis constitutes a comparative analysis of the distribution of teachers across public primary schools in 86 countries. I build a new global data set comprising the universe of public primary schools in 70 ... See full document

... IT investments vary country to country. Since IT capital goods are an infrastructure auxiliary to production, there are a number of concurrent factors that have to be aware of: Short or mid-run time-invariant Illiteracy, ... See full document

... new technology is first introduced, cost savings over the old technology are often quite small, so that competing technologies could coexist for quite some ...new technology are needed before ... See full document

... low productivity since productivity distribution µ(ϕ) has a negative slope because of the repeated summation of the number of new entrants and number of incumbents located in the right-hand neighboring ... See full document