Potential Growth, Misallocation, and Institutional Obstacles: Firm-Level Evidence

Trade Liberalization and Productivity Growth: Firm-level Evidence from Cameroon

Does trade liberalization foster total factor productivity (TFP) growth in the manufacturing sector? Does sectoral trade orientation determine sectoral TFP levels and growth rates? These questions are addressed using pooled pre-and post-liberalization panel data from Cameroonian firms of eight manufacturing industries. A single production function for the whole manufacturing sector is estimated...

Misallocation and Growth

Endogenous growth model in which training is a by-product of production, and when both firms and workers are heterogeneous. Two-period OLG. The young must work with the old, and as a result an assignment problem arises. We can calculate the transition dynamics analytically when the skill of the young is log-normally distributed and the initial human capital of the old generation is also log-nor...

Computing Productivity: Firm-Level Evidence

We explore the effect of computerization on productivity and output growth using data from 527 large US firms over 1987-1994. We find that computerization makes a contribution to measured productivity and output growth in the short term (using one year differences) that is consistent with normal returns to computer investments. However, the productivity and output contributions associated with ...

Institutional Obstacles to Entrepreneurship

Age, Wage and Productivity: Firm-Level Evidence

In this paper, we estimate the profile of productivity by age through the estimation of production functions. ‘Productivity’ is defined as the average contribution of age groups to the productivity of firms. Our data are a matched employer-employee dataset covering about 70,000 firms in the late 1990’s in France. We find that productivity increases with age until age 40 and then remains stable ...