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
1. Verfasser: Bartelsman, Eric J
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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.
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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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