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On the Dynamics of the U.S. Manufacturing Productivity Distribution

Author

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  • Jens J. Krueger

    () (University of Jena, Faculty of Economics)

Abstract

In this paper a model of productivity dynamics of manufacturing industries is developed with key features being the absence of optimal decisions and equilibrium coordination, heterogeneity of industries with respect to their innovative ability and cumulativeness of innovations together with the working of spillover effects. From that model the law of motion of the productivity distribution across the industries is derived and nonparametrically estimated using data for U.S. manufacturing industries over the period 1958-96. The conclusion of a substantial role of persistence in the productivity development is sharpened by the application of unit root and stationarity tests for panel data.

Suggested Citation

  • Jens J. Krueger, 2003. "On the Dynamics of the U.S. Manufacturing Productivity Distribution," Jenaer Schriften zur Wirtschaftswissenschaft (Expired!) 05/2003, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät.
  • Handle: RePEc:jen:jenasw:2003-05
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    References listed on IDEAS

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    Cited by:

    1. Panos Fousekis, 2007. "Growth determinants, intra-distribution mobility, and convergence of state-level agricultural productivity in the USA," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(1), pages 129-147, March.

    More about this item

    Keywords

    distribution dynamics; productivity; persistence; panel unit root test;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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