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3 edition of Reallocation, firm turnover, and efficiency found in the catalog.

Reallocation, firm turnover, and efficiency

Lucia Foster

Reallocation, firm turnover, and efficiency

selection on productivity or profitability?

by Lucia Foster

  • 348 Want to read
  • 23 Currently reading

Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English

    Subjects:
  • Industrial productivity -- Econometric models

  • Edition Notes

    StatementLucia Foster, John Haltiwanger, Chad Syverson.
    SeriesNBER working paper series -- no. 11555., Working paper series (National Bureau of Economic Research) -- working paper no. 11555.
    ContributionsHaltiwanger, John C., Syverson, Chad., National Bureau of Economic Research.
    The Physical Object
    Pagination34, [14] p. ;
    Number of Pages34
    ID Numbers
    Open LibraryOL17627680M
    OCLC/WorldCa61398642

    The authors find that market reform has resulted in a large increase in the pace of job reallocation, particularly that occurring between sectors and through firm turnover. Unlike under central planning, the job reallocation during the transition has contributed significantly to aggregate productivity growth. Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary A airs Sta working papers in the Finance and Economics Discussion Series (FEDS) are preliminary John Haltiwanger, and Chad Syverson, “Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?” AmericanCited by:

    Maksimovic Vojislav and Gordon Phillips Asset efficiency and reallocation from FINANCE at Singapore Institute of Management. NBER Reporter: Research Summary Number 4. Bossonomics? The Economics Of Management And Productivity Nick Bloom and John Van Reenen *. Management and Productivity. Economists have long speculated on why such astounding differences in productivity exist between firms and plants within countries, even within the same narrow sector. 1 While the popular press and business schools have .

    (), who demonstrated that job reallocation is an intense, pervasive, and regular feature of U.S. labor markets. They found that, on average, almost one in five jobs in manufacturing is either created or destroyed each year. Reallocation is a necessary part of a dynamic economy. Through reallocation, workers move to more productive and more. Unleashing prosperity: productivity growth in Eastern Europe and the former Soviet Union (English) Abstract. The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional reforms are important in achieving higher productivity Cited by:


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Reallocation, firm turnover, and efficiency by Lucia Foster Download PDF EPUB FB2

Lucia Foster & John Haltiwanger & Chad Syverson, "Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?," American Economic Review, American Economic Association, vol. 98(1), pagesMarch. Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability.

Article in American Economic Review 98(1) February with Reads How we measure 'reads'. L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance; Lists This item is featured on the following reading lists or Wikipedia pages: Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability.

(AER ) in ReplicationWiki Statistics Access and download statistics. Get this from a library. Reallocation, firm turnover, and efficiency: selection on productivity or profitability?.

[Lucia Foster; John C Haltiwanger; Chad Syverson. Get this from a library. Reallocation, Firm Turnover, Reallocation Efficiency: Selection on Productivity or Profitability?. [Lucia Foster; John C Haltiwanger; Chad Syverson] -- There is considerable evidence that producer-level churning contributes substantially to aggregate (industry) productivity growth, as more productive businesses displace less productive ones.

Book Publishing WeChat (or Email:[email protected]) Article citations. More>> Foster, L., Haltiwanger, J. and Syverson, C. () Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability.

American Economic Review, 98, has been cited by the following article. "Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?" American Economic Review, No. 98(1), Foster, Lucia, C.J. Krizan, Kristin Fairman, and Ian Rucker. "An Analysis of Key Difference in Micro Data: Results from the Business List Comparison Project." American Statistical Association, Business.

As a result the book turns out to be a tasty blend of economics, statistics, and business performance measurement. In addition, quite a number of firm turnover known treasures from history were unearthed.

This is a rich book, both for theorists and practitioners.' Bert M. Balk - Rotterdam School of Management, Erasmus And efficiency book by: Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability.

r23 Frye, Timothy, and Andrei Shleifer, “The Invisible Hand and the Grabbing Hand Foster. 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 Cited by: 1. Firm Dynamics and Aggregate Fluctuations. Basic Facts about Firm-level Productivity, Survival and Growth * Bartelsman, E., J.

Haltiwanger and S. Scarpetta, “Cross Country Differences in Productivity: The Role of Allocative Efficiency” American Economic Review, March Firm-level evidence on productivity differentials and turnover in Taiwanese manufacturing.

Even in slowly growing economies, the micro-level reallocation of resources that occurs as firms enter, expand, we deflate the change in each firm's book value by a price index for new capital goods.

For example, to convert the firm capital values Cited by:   In a healthy economy, plant turnover increases aggregate productivity because efficient producers are more likely to survive. Given high entry and exit rates and the potential importance of turnover in accounting for aggregate productivity, in this paper we examine the determinants of plant exits and then examine how exits and other forms of output reallocation contribute to aggregate Cited by: Overall, the amount of reallocation is considerable.

Table 1 presents summary statistics for capital reallocation across firms. Reallocation of existing capital comprises about one quarter of total investment, where investment is defined as capital expenditures plus acquisitions. 10 Depending on the measure of the capital stock, between % and % of the capital stock turns over each year Cited by: The first type we consider is the effect of bankruptcy on the efficiency of a firm's plants.

In both high- and low- demand industries, once a firm is in bankruptcy, it might have no incentive to maintain the value of its asset^.^ These assets include the value of a firm's rep- utation, which.

reallocation productivity growth - The Conference Board. You can publish your book online for free in a few minutes. View in Fullscreen Report. the analysis shows that it is not just shifts between firm types that are important but also reallocation and restructuring within firm types.

For example, we find a high pace of job. Department of Economics John Haltiwanger Fall Economics -- Advanced Macroeconomics The book listed below serves as background material for the course.

It is not required but has J. Haltiwanger, and C. Syverson, “Reallocation, Firm Turnover and Efficiency: Selection on Productivity or Profitability,” NBER Working Paper No.

Capital reallocation is procyclical, despite measured productive reallocative opportunities being acyclical or even countercyclical. This article reviews the advances in the literature studying the causes and consequences of capital reallocation (or lack thereof). We provide a comprehensive set of stylized facts about capital reallocation for the United States and an illustrative model of.

growth into the reallocation of labor across firms, firm turnover, and internal firm efficiency. They also permit the evolution of firm demo-graphics to be examined over time, such as firm survival rates, average firm size among entering firms, and the rates of the creation and destruction of firms and jobs.

Other data derived from interna. Inherited Control and Firm Performance. 36 Pages Posted: 3 Oct I find that firms where control is inherited undergo large declines in return on assets and market-to-book ratios that are not experienced by firms that promote CEOs not related to the controlling family.

Consistent with wasteful nepotism, I find that these declines are Cited by:. Profitability ratios compare income statement accounts and categories to show a company’s ability to generate profits from its operations. Profitability ratios focus on a company’s return on investment in inventory and other assets.

These ratios basically show how .REALLOCATION AND TECHNOLOGY:EVIDENCE FROM THE U.S. STEEL INDUSTRY by Allan Collard-WexlerDepartment of Economics, New York University and Jan De LoeckerDepartment of Economics, Princeton UniversityNYU and NBER, and Princeton University, NBER and CEPR First version Februarycurrent version January CES March, The research program .The Euro and Firm Restructuring: Cited at RePEc: 6 + Citations at Google Scholar by the title: book-title: Europe and the Euro: in-book: Europe and the Euro: year: month: February: pages: Syverson, Chad: Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?.