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dc.contributor.authorBartelsman, Eric J.en_US
dc.contributor.authorHaltiwanger, Johnen_US
dc.contributor.authorScarpetta, Stefanoen_US
dc.date.accessioned2010-01-19en_US
dc.date.accessioned2010-07-07T12:06:05Z-
dc.date.available2010-07-07T12:06:05Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/36105-
dc.description.abstractThis paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that shape the business environment. On the other hand, a branch of empirical research has attempted to shed light on the determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each industry. In this paper, we exploit a rich source of data with harmonized statistics on firm level variation within industries for a number of countries. Our key empirical finding is that there is substantial variation in the within-industry covariance between size and productivity across countries, and this variation is affected by the presence of idiosyncratic distortions. We develop a model in which heterogeneous firms face adjustment frictions (overhead labor and quasi-fixed capital) and idiosyncratic distortions. We show that the model can be readily calibrated to match the observed cross-country patterns of the within-industry covariance between productivity and size and thus help to explain the observed differences in aggregate performance.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4578en_US
dc.subject.jelE02en_US
dc.subject.jelL11en_US
dc.subject.jelL16en_US
dc.subject.jelL2en_US
dc.subject.jelL25en_US
dc.subject.jelO4en_US
dc.subject.jelO57en_US
dc.subject.ddc330en_US
dc.subject.keywordFirm heterogeneityen_US
dc.subject.keywordproductivityen_US
dc.subject.keywordallocation of resourcesen_US
dc.subject.keyworddistortionsen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwWirtschaftspolitiken_US
dc.subject.stwAllokationen_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwWelten_US
dc.titleCross-country differences in productivity: the role of allocation and selectionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn616720548en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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