| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24420 |
| 来源ID | Working Paper 24420 |
| Innovation, Productivity Dispersion, and Productivity Growth | |
| Lucia Foster; Cheryl Grim; John C. Haltiwanger; Zoltan Wolf | |
| 发表日期 | 2018-03-19 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We examine whether underlying industry innovation dynamics are an important driver of the large dispersion in productivity across firms within narrowly defined sectors. Our hypothesis is that periods of rapid innovation are accompanied by high rates of entry, significant experimentation and, in turn, a high degree of productivity dispersion. Following this experimentation phase, successful innovators and adopters grow while unsuccessful innovators contract and exit yielding productivity growth. We examine the dynamic relationship between entry, productivity dispersion, and productivity growth using a new comprehensive firm-level dataset for the U.S. We find a surge of entry within an industry yields with a lag an increase in productivity dispersion and then after a subsequent lag an increase in productivity growth. These patterns are more pronounced for the High Tech sector where we expect there to be more innovative activities. These patterns change over time suggesting other forces are at work during the post-2000 slowdown in aggregate productivity. |
| 主题 | Macroeconomics ; Consumption and Investment ; Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w24420 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582094 |
| 推荐引用方式 GB/T 7714 | Lucia Foster,Cheryl Grim,John C. Haltiwanger,et al. Innovation, Productivity Dispersion, and Productivity Growth. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24420.pdf（869KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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