| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9331 |
| DP9331 Reallocation and Technology: Evidence from the U.S. Steel Industry | |
| Jan De Loecker; Allan Collard-Wexler | |
| 发表日期 | 2013-02-03 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry'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 in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial reallocation process within the group of vertically integrated producers, driving a resurgence in their productivity, and consequently of the industry's productivity as a whole. |
| 主题 | Industrial Organization |
| 关键词 | Competition Productivity Reallocation Technology |
| URL | https://cepr.org/publications/dp9331 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538167 |
| 推荐引用方式 GB/T 7714 | Jan De Loecker,Allan Collard-Wexler. DP9331 Reallocation and Technology: Evidence from the U.S. Steel Industry. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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