Decomposing firm-level productivity growth and assessing its determinants: evidence from the Americas

  • This paper provides novel empirical evidence on productivity growth in the manufacturing sector in Chile, Colombia, Mexico and Peru. Relying on plant-level data, we first decompose productivity and productivity growth into plant-level growth and market allocation forces. While the average productivity of the survivors is higher than the overall contribution of reallocation forces, during recessions the inverse is true and reallocation gives a positive, albeit small, contribution to aggregate productivity growth. Next we analyze how policy measures can determine allocative efficiency levels and growth, and find important scope for action on education, financial regulation, and structural reforms.

Export metadata

Additional Services

Share in Twitter Search Google Scholar
Metadaten
Document Type:Article
Language:English
Author(s):Leonardo Iacovone, Gustavo Crespi, J David Bowen, Luca Marcolin
Parent Title (English):The Journal of Technology Transfer
Publication year:2018
Publishing Institution:Hertie School
First Page:1571
Last Page:1606
DOI:https://doi.org/10.1007/s10961-018-9678-0
Release Date:2019/05/07
Volume:43
Issue:6
Licence of document (German):Metadaten / metadata
Verstanden ✔
Diese Webseite verwendet technisch erforderliche Session-Cookies. Durch die weitere Nutzung der Webseite stimmen Sie diesem zu. Unsere Datenschutzerklärung finden Sie hier.