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来源类型Working Paper
规范类型报告
DOI10.3386/w15490
来源IDWorking Paper 15490
Cross-Country Differences in Productivity: The Role of Allocation and Selection
Eric J. Bartelsman; John C. Haltiwanger; Stefano Scarpetta
发表日期2009-11-05
出版年2009
语种英语
摘要This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that shape the business environment. On the other hand, a branch of empirical research has attempted to shed light on the determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each industry. In this paper, we exploit a rich source of data with harmonized statistics on firm level variation within industries for a number of countries. Our key empirical finding is that there is substantial variation in the within-industry covariance between size and productivity across countries, but this covariance varies significantly across countries and is affected by the presence of idiosyncratic distortions. We develop a model in which heterogeneous firms face adjustment frictions (overhead labor and quasi-fixed capital) and idiosyncratic distortions. We show that the model can be readily calibrated to match the observed cross-country patterns of the within-industry covariance between productivity and size and thus help to explain the observed differences in aggregate performance.
主题Macroeconomics ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Development and Growth ; Growth and Productivity ; Country Studies
URLhttps://www.nber.org/papers/w15490
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573166
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Eric J. Bartelsman,John C. Haltiwanger,Stefano Scarpetta. Cross-Country Differences in Productivity: The Role of Allocation and Selection. 2009.
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