Searching for the sources of productivity from macro to micro and back
Research into the sources of productivity growth has taken many disparate routes, from aggregate theoretical modeling to firm-level empirical explorations. This article provides examples from the literature of evidence against the representative firm assumption. Once heterogeneity of firms and marke...
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Veröffentlicht in: | Industrial and corporate change 2010-12, Vol.19 (6), p.1891-1917 |
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container_title | Industrial and corporate change |
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creator | Bartelsman, Eric J |
description | Research into the sources of productivity growth has taken many disparate routes, from aggregate theoretical modeling to firm-level empirical explorations. This article provides examples from the literature of evidence against the representative firm assumption. Once heterogeneity of firms and market selection is taken into account, theoretical effects of policy on aggregate productivity follow through many paths. The article gives examples of recent empirical work that uses micro-level information to assess the effects of policy on macro-level productivity. |
doi_str_mv | 10.1093/icc/dtq059 |
format | Article |
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issn | 0960-6491 1464-3650 |
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source | PAIS Index; Business Source Complete; Oxford University Press Journals All Titles (1996-Current) |
subjects | Business economics D24 Economic theory Growth rate Industrial productivity L16 L25 O47 Productivity Productivity concept Productivity growth Productivity measurement Studies |
title | Searching for the sources of productivity from macro to micro and back |
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