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• W2475400775 abstract "No AccessMar 2016Productivity Convergence at the Firm Level: New Evidence from the AmericasAuthors/Editors: J. David Brown, Gustavo A. Crespi, Leonardo Iacovone, Luca MarcolinJ. David BrownSearch for more papers by this author, Gustavo A. CrespiSearch for more papers by this author, Leonardo IacovoneSearch for more papers by this author, Luca MarcolinSearch for more papers by this authorhttps://doi.org/10.1596/978-1-4648-0450-2_ch5AboutView ChaptersFull TextPDF (1.7 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: Uses firm-level data from the manufacturing sector in Colombia, Mexico, and the United States, in the past decade, to investigate the extent to which aggregate productivity growth in the manufacturing sector is driven by growth in productivity at the firm level or by reallocation of employment shares across firms. The evaluation produced results that stress a focus on firm-level productivity growth, as this has contributed the most to overall productivity growth. Reallocation between firms, within sectors, results in a weak force of productivity growth, and reallocation between sectors an even weaker source of growth. Although firms converge toward the domestic frontier with spillovers arising from the growth of the domestic frontier, no convergence occurs with respect to the global frontier. For all countries analyzed, the most important determinant of productivity convergence at the firm level remains innovation effort, measured as the firm-level expenditure shares in innovation and investment in capital equipment. BibliographyAcemoglu, Daron, Philippe Aghion, and Fabrizio Zilibotti. 2006. “Distance to Frontier, Selection, and Economic Growth.” Journal of the European Economic Association 4 (1): 37–74. 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CrossrefGoogle Scholar Previous chapterNext chapter FiguresreferencesRecommendeddetailsCited byDo Productivity Laggards Ever Catch Up With Leaders?†Review of Income and Wealth, Vol.68, No.S125 October 2021Regional Productivity: Trends, Explanations, and Policies22 June 2021Measuring the strength of market selection in Russia: When the (firm) size mattersVoprosy Ekonomiki, No.27 February 2020 View Published: March 2016ISBN: 978-1-4648-0450-2e-ISBN: 978-1-4648-0451-9 Copyright & Permissions Related RegionsLatin America & CaribbeanRelated CountriesColombiaMexicoUnited StatesRelated TopicsIndustryMacroeconomics and Economic GrowthScience and Technology Development KeywordsTOTAL FACTOR PRODUCTIVITYWAGE GAPSINNOVATIONCROSS-COUNTRY DATAINTERNATIONAL COMPARISONSMANUFACTURING SECTOR PDF DownloadLoading ..." @default.
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