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Productivity and Firm Turnover in Israeli Industry: 1979-1988

  • Zvi Griliches
  • Haim Regev

An analysis of a large panel data set on Israeli industrial firms finds that most of the growth in aggregate productivity comes from productivity changes within firms rather than from entry, exit, or differential growth; that firms which will exit in the future have lower productivity performance several years earlier (the "shadow of death" effect); and that, overall, there was little total factor productivity growth in Israeli industry during 1979-1988 (another "lost decade").

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File URL: http://www.nber.org/papers/w4059.pdf
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 4059.

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Date of creation: Apr 1992
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Publication status: published as Journal of Econometrics, vol 65, no. 1, pp.175-203, 1995
Handle: RePEc:nbr:nberwo:4059
Note: PR
Contact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
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  1. Bregman, Arie & Fuss, Melvyn & Regev, Haim, 1991. "High tech and productivity: Evidence from Israeli industrial firms," European Economic Review, Elsevier, vol. 35(6), pages 1199-1221, August.
  2. Steven J. Davis & John Haltiwanger, 1990. "Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications," NBER Chapters, in: NBER Macroeconomics Annual 1990, Volume 5, pages 123-186 National Bureau of Economic Research, Inc.
  3. Dunne, Timothy & Roberts, Mark J & Samuelson, Larry, 1989. "The Growth and Failure of U.S. Manufacturing Plants," The Quarterly Journal of Economics, MIT Press, vol. 104(4), pages 671-98, November.
  4. John R. Baldwin & Paul K. Gorecki, 1990. "Firm Entry and Exit in the Canadian Manufacturing Sector," Working Papers 767, Queen's University, Department of Economics.
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