Products and Productivity

被引：23

作者：

Bernard, Andrew B. ^{[1
]}

Redding, Stephen J. ^{[2
]}

Schott, Peter K. ^{[3
]}

机构：

[1] Dartmouth Coll, Tuck Sch Business Dartmouth, Hanover, NH 03755 USA

[2] London Sch Econ, London WC2A 2AE, England

[3] Yale Univ, Yale Sch Management, New Haven, CT 06520 USA

来源：

SCANDINAVIAN JOURNAL OF ECONOMICS | 2009年 / 111卷 / 04期

基金：

英国经济与社会研究理事会;

关键词：

Product choice; productivity measurement; firm heterogeneity; industry equilibrium; L11; D21; L60; DYNAMICS; TRADE; INDUSTRY; OUTPUT; COMPETITION; SELECTION; IMPACT; INPUT; LONG; EXIT;

D O I：

10.1111/j.1467-9442.2009.01584.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

When firms make decisions about which product to manufacture at a more disaggregated level than observed in the data, measured firm productivity reflects both characteristics of the firm and attributes of the products that are non-randomly chosen by the firm. This paper develops a model of industry equilibrium in which firms endogenously sort across products and characterizes the resulting bias in measured firm and aggregate productivity. Calibrating the model's parameters, we show that endogenous product selection can have quantitatively important effects on measured firm and aggregate productivity and their response to changes in parameter values.

引用

页码：681 / 709

页数：29

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