Policy distortions and aggregate productivity with heterogeneous plants:
We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-coun...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2007
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
13018 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show that policies which create heterogeneity in the prices faced by individual producers can lead to sizeable decreases in output and measured TFP in the range of 30 to 50 percent. We show that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured TFP. |
| Beschreibung: | 35 S. graph. Darst. 22 cm |
Internformat
MARC
| LEADER | 00000nam a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV023592931 | ||
| 003 | DE-604 | ||
| 005 | 20080327000000.0 | ||
| 007 | t | ||
| 008 | 070607s2007 xxud||| |||| 00||| eng d | ||
| 035 | |a (OCoLC)255613187 | ||
| 035 | |a (DE-599)GBV527942510 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-521 | ||
| 100 | 1 | |a Restuccia, Diego |e Verfasser |0 (DE-588)133247120 |4 aut | |
| 245 | 1 | 0 | |a Policy distortions and aggregate productivity with heterogeneous plants |c Diego Restuccia ; Richard Rogerson |
| 264 | 1 | |a Cambridge, Mass. |b National Bureau of Economic Research |c 2007 | |
| 300 | |a 35 S. |b graph. Darst. |c 22 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 13018 | |
| 520 | 8 | |a We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show that policies which create heterogeneity in the prices faced by individual producers can lead to sizeable decreases in output and measured TFP in the range of 30 to 50 percent. We show that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured TFP. | |
| 700 | 1 | |a Rogerson, Richard Donald |e Verfasser |0 (DE-588)129361933 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 810 | 2 | |a National Bureau of Economic Research <Cambridge, Mass.> |t NBER working paper series |v 13018 |w (DE-604)BV002801238 |9 13018 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w13018.pdf |z kostenfrei |3 Volltext |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-016908261 | ||
Datensatz im Suchindex
| _version_ | 1804138251909332992 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Restuccia, Diego Rogerson, Richard Donald |
| author_GND | (DE-588)133247120 (DE-588)129361933 |
| author_facet | Restuccia, Diego Rogerson, Richard Donald |
| author_role | aut aut |
| author_sort | Restuccia, Diego |
| author_variant | d r dr r d r rd rdr |
| building | Verbundindex |
| bvnumber | BV023592931 |
| ctrlnum | (OCoLC)255613187 (DE-599)GBV527942510 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02033nam a2200325zcb4500</leader><controlfield tag="001">BV023592931</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20080327000000.0</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">070607s2007 xxud||| |||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)255613187</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBV527942510</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-521</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Restuccia, Diego</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)133247120</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Policy distortions and aggregate productivity with heterogeneous plants</subfield><subfield code="c">Diego Restuccia ; Richard Rogerson</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, Mass.</subfield><subfield code="b">National Bureau of Economic Research</subfield><subfield code="c">2007</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">35 S.</subfield><subfield code="b">graph. Darst.</subfield><subfield code="c">22 cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Working paper series / National Bureau of Economic Research</subfield><subfield code="v">13018</subfield></datafield><datafield tag="520" ind1="8" ind2=" "><subfield code="a">We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show that policies which create heterogeneity in the prices faced by individual producers can lead to sizeable decreases in output and measured TFP in the range of 30 to 50 percent. We show that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured TFP.</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Rogerson, Richard Donald</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)129361933</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield></datafield><datafield tag="810" ind1="2" ind2=" "><subfield code="a">National Bureau of Economic Research <Cambridge, Mass.></subfield><subfield code="t">NBER working paper series</subfield><subfield code="v">13018</subfield><subfield code="w">(DE-604)BV002801238</subfield><subfield code="9">13018</subfield></datafield><datafield tag="856" ind1="4" ind2="1"><subfield code="u">http://papers.nber.org/papers/w13018.pdf</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-016908261</subfield></datafield></record></collection> |
| id | DE-604.BV023592931 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:41:31Z |
| indexdate | 2024-07-09T21:25:14Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016908261 |
| oclc_num | 255613187 |
| open_access_boolean | 1 |
| owner | DE-521 |
| owner_facet | DE-521 |
| physical | 35 S. graph. Darst. 22 cm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Restuccia, Diego Verfasser (DE-588)133247120 aut Policy distortions and aggregate productivity with heterogeneous plants Diego Restuccia ; Richard Rogerson Cambridge, Mass. National Bureau of Economic Research 2007 35 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13018 We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show that policies which create heterogeneity in the prices faced by individual producers can lead to sizeable decreases in output and measured TFP in the range of 30 to 50 percent. We show that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured TFP. Rogerson, Richard Donald Verfasser (DE-588)129361933 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13018 (DE-604)BV002801238 13018 http://papers.nber.org/papers/w13018.pdf kostenfrei Volltext |
| spellingShingle | Restuccia, Diego Rogerson, Richard Donald Policy distortions and aggregate productivity with heterogeneous plants |
| title | Policy distortions and aggregate productivity with heterogeneous plants |
| title_auth | Policy distortions and aggregate productivity with heterogeneous plants |
| title_exact_search | Policy distortions and aggregate productivity with heterogeneous plants |
| title_exact_search_txtP | Policy distortions and aggregate productivity with heterogeneous plants |
| title_full | Policy distortions and aggregate productivity with heterogeneous plants Diego Restuccia ; Richard Rogerson |
| title_fullStr | Policy distortions and aggregate productivity with heterogeneous plants Diego Restuccia ; Richard Rogerson |
| title_full_unstemmed | Policy distortions and aggregate productivity with heterogeneous plants Diego Restuccia ; Richard Rogerson |
| title_short | Policy distortions and aggregate productivity with heterogeneous plants |
| title_sort | policy distortions and aggregate productivity with heterogeneous plants |
| url | http://papers.nber.org/papers/w13018.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT restucciadiego policydistortionsandaggregateproductivitywithheterogeneousplants AT rogersonricharddonald policydistortionsandaggregateproductivitywithheterogeneousplants |