The Economics of Firm Productivity
Concepts, Tools and Evidence
£100.00
- Authors:
- Carlo Altomonte, Università Commerciale Luigi Bocconi, Milan
- Filippo di Mauro, IWH-Halle and CompNet
- Date Published: April 2022
- availability: Available
- format: Hardback
- isbn: 9781108489232
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Productivity varies widely between industries and countries, but even more so across individual firms within the same sectors. The challenge for governments is to strike the right balance between policies designed to increase overall productivity and policies designed to promote the reallocation of resources towards firms that could use them more effectively. The aim of this book is to provide the empirical evidence necessary in order to strike this policy balance. The authors do so by using a micro-aggregated dataset for 20 EU economies produced by CompNet, the Competitiveness Research Network, established some 10 years ago among major European institutions and a number of EU productivity boards, National Central Banks, National Statistical institutes, as well as academic Institutions. They call for pan-EU initiatives involving statistical offices and scholars to achieve a truly complete EU market for firm-level information on which to build solidly founded economic policies.
Read more- Can be of use to academics, students, practitioners and policy makers that want to study productivity and its determinants
- Covers several policy areas: banking, international trade, labor and competition
- Integrates theoretical approaches and practical applications
Reviews & endorsements
'If you want to see how many insights are obtainable from firm-level productivity analysis, read this book. The authors apply time-tested methods to CompNet data, shedding light on many important questions about how different firms operate and how markets react to such differences.' Chad Syverson, The University of Chicago
See more reviews'Total factor productivity (TFP) is a force for economic growth. Yet, how that happens has long been a matter of controversy, due to disagreement on both concept and measurement. Traditionally estimated as a residual, TFP has been described as a measure of our ignorance. Altomonte and di Mauro convincingly argue that leveraging big datasets on firms boosts understanding of TFP as a driver of economic growth by reducing the scope for conceptual and measurement errors.' Gianmarco Ottaviano, Bocconi University
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×Product details
- Date Published: April 2022
- format: Hardback
- isbn: 9781108489232
- length: 250 pages
- dimensions: 235 x 152 x 16 mm
- weight: 0.5kg
- availability: Available
Table of Contents
1. Introduction
2. Basic concepts
3. Productivity estimation
4. Measuring market efficiency
5. Sources of data
6. Productivity and the financial environment
7. Productivity and the labour market
8. Productivity in a borderless world
9. Productivity and competitive pressure
10. Conclusion and final remarks.
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