Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown
Author
Abstract
Suggested Citation
Note: DOI: 10.1257/aer.p20171020
Download full text from publisher
Other versions of this item:
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2017. "Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown," Finance and Economics Discussion Series 2017-019, Board of Governors of the Federal Reserve System (U.S.).
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2017. "Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown," Working Papers 17-17, Center for Economic Studies, U.S. Census Bureau.
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2017. "Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown," CARRA Working Papers 2017-02, Center for Economic Studies, U.S. Census Bureau.
References listed on IDEAS
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016.
"Does the United States Have a Productivity Slowdown or a Measurement Problem?,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States have a Productivity Slowdown or a Measurement Problem," Finance and Economics Discussion Series 2016-17, Board of Governors of the Federal Reserve System (U.S.).
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States have a productivity slowdown or a measurement problem?," Working Paper Series 2016-3, Federal Reserve Bank of San Francisco.
- Marc J. Melitz & Sašo Polanec, 2015.
"Dynamic Olley-Pakes productivity decomposition with entry and exit,"
RAND Journal of Economics, RAND Corporation, vol. 46(2), pages 362-375, June.
- Marc J. Melitz & Sašo Polanec, 2012. "Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit," NBER Working Papers 18182, National Bureau of Economic Research, Inc.
- Melitz, Marc J. & Polanec, Sašo, 2015. "Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit," Scholarly Articles 17492204, Harvard University Department of Economics.
- Marc Melitz & Saso Polanec, 2014. "Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit," Working Paper 33758, Harvard University OpenScholar.
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018.
"Changing Business Dynamism and Productivity : Shocks vs. Responsiveness,"
Finance and Economics Discussion Series
2018-007, Board of Governors of the Federal Reserve System (U.S.).
- Ryan A. Decker & John C. Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018. "Changing Business Dynamism and Productivity: Shocks vs. Responsiveness," NBER Working Papers 24236, National Bureau of Economic Research, Inc.
- Chad Syverson, 2017.
"Challenges to Mismeasurement Explanations for the US Productivity Slowdown,"
Journal of Economic Perspectives, American Economic Association, vol. 31(2), pages 165-186, Spring.
- Chad Syverson, 2016. "Challenges to Mismeasurement Explanations for the U.S. Productivity Slowdown," NBER Working Papers 21974, National Bureau of Economic Research, Inc.
- John Haltiwanger & Ron S. Jarmin & Robert Kulick & Javier Miranda, 2016.
"High Growth Young Firms: Contribution to Job, Output, and Productivity Growth,"
NBER Chapters, in: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges, pages 11-62,
National Bureau of Economic Research, Inc.
- John Haltiwanger & Ron S Jarmin & Robert Kulick & Javier Miranda*, 2016. "High Growth Young Firms: Contribution to Job, Output and Productivity Growth," Working Papers 16-49, Center for Economic Studies, U.S. Census Bureau.
- John Haltiwanger & Ron S. Jarmin & Robert Kulick & Javier Miranda, 2017. "High Growth Young Firms: Contribution to Job, Output and Productivity Growth," CARRA Working Papers 2017-03, Center for Economic Studies, U.S. Census Bureau.
- Alon, Titan & Berger, David & Dent, Robert & Pugsley, Benjamin, 2018.
"Older and slower: The startup deficit’s lasting effects on aggregate productivity growth,"
Journal of Monetary Economics, Elsevier, vol. 93(C), pages 68-85.
- Robert Dent & David Berger & Benjamin Pugsley & Titan Alon, 2017. "Older and Slower: The Startup Deficit's Lasting Effects on Aggregate Productivity Growth," 2017 Meeting Papers 1224, Society for Economic Dynamics.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2018. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," Working Papers 18-29, Center for Economic Studies, U.S. Census Bureau.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2017. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," NBER Working Papers 23875, National Bureau of Economic Research, Inc.
- Dan Andrews & Chiara Criscuolo & Peter N. Gal, 2015. "Frontier Firms, Technology Diffusion and Public Policy: Micro Evidence from OECD Countries," OECD Productivity Working Papers 2, OECD Publishing.
- Olley, G Steven & Pakes, Ariel, 1996.
"The Dynamics of Productivity in the Telecommunications Equipment Industry,"
Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
- George S Olley & Ariel Pakes, 1992. "The Dynamics Of Productivity In The Telecommunications Equipment Industry," Working Papers 92-2, Center for Economic Studies, U.S. Census Bureau.
- G. Steven Olley & Ariel Pakes, 1992. "The Dynamics of Productivity in the Telecommunications Equipment Industry," NBER Working Papers 3977, National Bureau of Economic Research, Inc.
- Robert J. Gordon, 2016. "Perspectives on The Rise and Fall of American Growth," American Economic Review, American Economic Association, vol. 106(5), pages 72-76, May.
- Decker, Ryan A. & Haltiwanger, John & Jarmin, Ron S. & Miranda, Javier, 2016.
"Where has all the skewness gone? The decline in high-growth (young) firms in the U.S,"
European Economic Review, Elsevier, vol. 86(C), pages 4-23.
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2015. "Where Has All The Skewness Gone? The Decline In High-Growth (Young) Firms In The U.S," NBER Working Papers 21776, National Bureau of Economic Research, Inc.
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2015. "Where Has All the Skewness Gone? The Decline in High-Growth (Young) Firms in the U.S," Working Papers 15-43, Center for Economic Studies, U.S. Census Bureau.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.
- Lucia Foster & Cheryl Grim & John C. Haltiwanger & Zoltan Wolf, 2019.
"Innovation, Productivity Dispersion, and Productivity Growth,"
NBER Chapters, in: Measuring and Accounting for Innovation in the Twenty-First Century, pages 103-136,
National Bureau of Economic Research, Inc.
- Lucia Foster & Cheryl Grim & John C. Haltiwanger & Zoltan Wolf, 2018. "Innovation, Productivity Dispersion, and Productivity Growth," NBER Working Papers 24420, National Bureau of Economic Research, Inc.
- Lucia Foster & Cheryl Grim & John Haltiwanger & Zoltan Wolf, 2018. "Innovation, Productivity Dispersion, and Productivity Growth," Working Papers 18-08, Center for Economic Studies, U.S. Census Bureau.
- Ryan A. Decker & John C. Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018.
"Changing Business Dynamism and Productivity: Shocks vs. Responsiveness,"
NBER Working Papers
24236, National Bureau of Economic Research, Inc.
- Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018. "Changing Business Dynamism and Productivity : Shocks vs. Responsiveness," Finance and Economics Discussion Series 2018-007, Board of Governors of the Federal Reserve System (U.S.).
- J. David Brown & Gustavo A. Crespi & Leonardo Iacovone & Luca Marcolin, 2018. "Decomposing firm-level productivity growth and assessing its determinants: evidence from the Americas," The Journal of Technology Transfer, Springer, vol. 43(6), pages 1571-1606, December.
- Michael Peneder & Catherine Prettner, 2021. "Entwicklung der Produktivität österreichischer Unternehmen von 2008 bis 2018. Auswertung von Mikrodaten für Österreich im Rahmen von Multiprod 2.0," WIFO Studies, WIFO, number 67450.
- Nakamura, Koji & Kaihatsu, Sohei & Yagi, Tomoyuki, 2019. "Productivity improvement and economic growth: lessons from Japan," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 57-79.
- Marie Le Mouel & Alexander Schiersch, 2020. "Knowledge-Based Capital and Productivity Divergence," Discussion Papers of DIW Berlin 1868, DIW Berlin, German Institute for Economic Research.
- Alon, Titan & Berger, David & Dent, Robert & Pugsley, Benjamin, 2018.
"Older and slower: The startup deficit’s lasting effects on aggregate productivity growth,"
Journal of Monetary Economics, Elsevier, vol. 93(C), pages 68-85.
- Robert Dent & David Berger & Benjamin Pugsley & Titan Alon, 2017. "Older and Slower: The Startup Deficit's Lasting Effects on Aggregate Productivity Growth," 2017 Meeting Papers 1224, Society for Economic Dynamics.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2018. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," Working Papers 18-29, Center for Economic Studies, U.S. Census Bureau.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2017. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," NBER Working Papers 23875, National Bureau of Economic Research, Inc.
- John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017.
"The Disappointing Recovery of Output after 2009,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 1-81.
- John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Working Paper Series 2017-14, Federal Reserve Bank of San Francisco.
- John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," NBER Working Papers 23543, National Bureau of Economic Research, Inc.
- Peter Bauer & Igor Fedotenkov & Aurelien Genty & Issam Hallak & Peter Harasztosi & David Martinez Turegano & David Nguyen & Nadir Preziosi & Ana Rincon-Aznar & Miguel Sanchez Martinez, 2020. "Productivity in Europe: Trends and drivers in a service-based economy," JRC Working Papers JRC119785, Joint Research Centre (Seville site).
- David Autor & David Dorn & Lawrence F Katz & Christina Patterson & John Van Reenen, 2020.
"The Fall of the Labor Share and the Rise of Superstar Firms [“Automation and New Tasks: How Technology Displaces and Reinstates Labor”],"
The Quarterly Journal of Economics, Oxford University Press, vol. 135(2), pages 645-709.
- Autor, David & Dorn, David & Katz, Lawrence F. & Patterson, Christina & Van Reenen, John, 2017. "The fall of the Labor share and the rise of superstar firms," LSE Research Online Documents on Economics 83616, London School of Economics and Political Science, LSE Library.
- David Autor & David Dorn & Lawrence F. Katz & Christina Patterson & John Van Reenen, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," CEP Discussion Papers dp1482, Centre for Economic Performance, LSE.
- David Autor & David Dorn & Lawrence F. Katz & Christina Patterson & John Van Reenen, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," NBER Working Papers 23396, National Bureau of Economic Research, Inc.
- Autor, David & Dorn, David & Katz, Lawrence & Patterson, Christina & Van Reenen, John, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," CEPR Discussion Papers 12041, C.E.P.R. Discussion Papers.
- Autor, David & Dorn, David & Katz, Lawrence & Patterson, Christina & Van Reenen, John, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," IZA Discussion Papers 10756, Institute of Labor Economics (IZA).
- Bruhn, Simon & Grebel, Thomas & Nesta, Lionel, 2021. "The fallacy in productivity decomposition," Ilmenau Economics Discussion Papers 160, Ilmenau University of Technology, Institute of Economics.
- David Byrne & Stephen D. Oliner & Daniel E. Sichel, 2017.
"Prices of high-tech products, mismeasurement, and the pace of innovation,"
Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(2), pages 103-113, April.
- Stephen D. Oliner & Daniel E. Sichel & David M. Byrne, 2017. "Prices of high-tech products, mismeasurement, and pace of innovation," AEI Economics Working Papers 933826, American Enterprise Institute.
- David Byrne & Stephen Oliner & Daniel Sichel, 2017. "Prices of High-Tech Products, Mismeasurement, and Pace of Innovation," NBER Working Papers 23369, National Bureau of Economic Research, Inc.
- Lin Zhou & Jianglong Li & Yangqing Dan & Chunping Xie & Houyin Long & Hongxun Liu, 2019. "Entering and Exiting: Productivity Evolution of Energy Supply in China," Sustainability, MDPI, vol. 11(4), pages 1-19, February.
- Giacomo Domini & Daniele Moschella, 2018. "Reallocation and productivity during the Great Recession:evidence from French manufacturing firms," LEM Papers Series 2018/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Shyngys Karimov & Jozef Konings, 2021. "The start-up gap and jobs," Small Business Economics, Springer, vol. 57(4), pages 2067-2084, December.
- Schneider, Patrick, 2018. "Decomposing differences in productivity distributions," Bank of England working papers 740, Bank of England.
- Uwe Cantner & Holger Graf & Ekaterina Prytkova & Simone Vannuccini, 2018. "The Compositional Nature of Productivity and Innovation Slowdown," Jena Economic Research Papers 2018-006, Friedrich-Schiller-University Jena.
- Elstner, Steffen & Rujin, Svetlana, 2019. "The consequences of U.S. technology changes for productivity in advanced economies," Ruhr Economic Papers 796, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Kritikos, Alexander S. & Schiersch, Alexander & Stiel, Caroline, 2021.
"The Productivity Puzzle in Business Services,"
IZA Discussion Papers
14610, Institute of Labor Economics (IZA).
- Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2021. "The productivity puzzle in business services," CEPA Discussion Papers 37, Center for Economic Policy Analysis.
- Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2021. "The Productivity Puzzle in Business Services," Discussion Papers of DIW Berlin 1960, DIW Berlin, German Institute for Economic Research.
More about this item
JEL classification:
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
Statistics
Access and download statisticsCorrections
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:aea:aecrev:v:107:y:2017:i:5:p:322-26. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.