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• W1577140669 abstract "In any time period, in any industry, plant productivity levels differ widely and this dispersion is persistent. This paper explores the sources of this dispersion and their relative magnitudes in the textile industry. Plants that are measured as being more productive but pay higher wages are not necessarily more profitable; wage dispersion can account for approximately 15 percent of productivity dispersion. A plant that is highly productive today may not be as productive tomorrow. I develop a new method for measuring ex-ante dispersion and the percentage of dispersion explained by mean reversion. Mean reversion accounts for as much as one half the observed productivity dispersion. A portion of the dispersion, however, appears to reflect real quality differences between plants; plants that are measured as being more productive expand faster and are less likely to exit." @default.
• W1577140669 created "2016-06-24" @default.
• W1577140669 creator A5011004002 @default.
• W1577140669 date "1995-03-01" @default.
• W1577140669 modified "2023-09-27" @default.
• W1577140669 title "Whittling Away At Productivity Dispersion" @default.
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• W1577140669 hasPublicationYear "1995" @default.
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