Productivity Dynamics: U.S. Manufacturing Plants, 1972-1986

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Productivity Dynamics: U.S. Manufacturing Plants, 1972-1986

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Phoebus Dhrymes
Eric Bartelsman

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Eric J. Bartelsman

Abstract

This paper presents an analysis of the dynamics of total factor productivity measures for large plants in SICs 35, 36, and 38. Several TFP measures, derived from production functions and Solow type residuals, are computed and their behavior over time is compared, using various non-parametric tools. Aggregate TFP, which has grown substantially over the time period, is compared with average plant level TFP, which has declined or remained flat. Using transition matrices, the persistence of plant productivity is examined, and it is shown how the transition probabilities vary by industry, plant age, and other characteristics.

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Paper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 92-1.

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Date of creation: Feb 1992
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Handle: RePEc:cen:wpaper:92-1

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Paper
- Bartelsman, E.J. & Dhrymes, P.J., 1991. "Productivity Dynamics: US Manufacturing Plants, 1972-1986," Discussion Papers 1991_50, Columbia University, Department of Economics.
- Eric J. Bartelsman & Phoebus J. Dhrymes, 1994. "Productivity dynamics: U.S. manufacturing plants, 1972-1986," Finance and Economics Discussion Series 94-1, Board of Governors of the Federal Reserve System (U.S.).

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Fousekis, Panos & Lazaridis, Panagiotis, 2005. "Distribution Dynamics of Dietary Energy Supply in the World," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 6(2), August. [Downloadable!]
Álvaro Escribano Sáez & Rodolfo Stucchi, 2008. "Catching up in total factor productivity through the business cycle : evidence from Spanish manufacturing surveys," Economics Working Papers we085125, Universidad Carlos III, Departamento de Economía. [Downloadable!]
Dwyer, Douglas, 1997. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Working Papers 97-24, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
Mahmut Yaşar & Roderick M. Rejesus & Ilhami Mintemur, 2004. "Is there evidence of creative destruction in the Turkish manufacturing sector? Lessons from a cross-industry analysis of aggregate productivity growth," Applied Economics, Taylor and Francis Journals, vol. 36(17), pages 1937-1945, September. [Downloadable!] (restricted)
Massimo Del Gatto & Adriana Di Liberto & C. Petraglia, 2008. "Measuring Productivity," Working Paper CRENoS 200818, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia. [Downloadable!]
Shutao Cao, 2008. "A Model of Costly Capital Reallocation and Aggregate Productivity," Working Papers 08-38, Bank of Canada. [Downloadable!]
Sang V Nguyen & Robert H Mcguckin, 1995. "Exploring The Role Of Acquisition In The Performance Of Firms: Is The "Firm" The Right Unit Of Analysis?," Working Papers 95-13, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
Dwyer, Douglas W., 1997. "Are Fixed Effects Fixed?," Working Papers 97-35, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]

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