IDEAS home Printed from https://ideas.repec.org/a/adr/anecst/y2002i65p153-171.html
   My bibliography  Save this article

Productive Structure and Procyclical Productivity

Author

Listed:
  • Zoubir Benhamouche

Abstract

This paper considers the role of an input-output structure in propagating demand shocks. We build a model based on Basu [1995], where firms face menu costs. We show that taking into account an "in chain" productive structure allows to give a quantitative importance to the mechanism of factors reallocation giving rise to the procyclicality of total factor productivity in Basu [1995]. More precisely, to explain 20% of the procyclicality of TFP, Basu [1995] needs a markup around 60%, which is not supported by data. Here, we can have significant quantitative results with a moderate markup from 15% to 30%.

Suggested Citation

  • Zoubir Benhamouche, 2002. "Productive Structure and Procyclical Productivity," Annals of Economics and Statistics, GENES, issue 65, pages 153-171.
    • Handle: RePEc:adr:anecst:y:2002:i:65:p:153-171
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/20076319
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:2002:i:65:p:153-171. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.