| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11058 |
| DP11058 Unraveling Firms: Demand, Productivity and Markups Heterogeneity | |
| Giordano Mion; Ralf Martin; Mirabelle Muuls | |
| 发表日期 | 2016-01-24 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We develop a novel econometric framework that simultaneously allows recovering heterogeneity in demand, quantity TFP and markups across firms while leaving the correlation among the three unrestricted. We accomplish this by explicitly introducing demand heterogeneity and by systematically exploiting assumptions used in previous productivity estimation approaches. In doing so, we provide an exact decomposition of revenue productivity in terms of the underlying heterogeneities thus bridging the gap between quantity and revenue productivity estimations. We use Belgian firms production data to quantify TFP, demand and markups and show how they are correlated with each other, across time and with measures obtained from other approaches. We also show how and to what extent our three dimensions of heterogeneity provide deeper and sharper insights on two questions: firm response to increasing import competition from China and the productivity advantage of importers. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Import competition China Import status Demand Markups Production function estimation Productivity |
| URL | https://cepr.org/publications/dp11058 |
| 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/539887 |
| 推荐引用方式 GB/T 7714 | Giordano Mion,Ralf Martin,Mirabelle Muuls. DP11058 Unraveling Firms: Demand, Productivity and Markups Heterogeneity. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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