Dispersion and volatility of TFPQ and TFPR: findings from three service industries-Reference-Cited by-同舟云学术

Dispersion and volatility of TFPQ and TFPR: findings from three service industries

Published:2019-04-24 Issue:6 Volume:28 Page:1515-1531
ISSN:0960-6491
Container-title:Industrial and Corporate Change
language:en
Short-container-title:

Author:

Morikawa Masayuki¹

Affiliation:

1. Research Institute of Economy, Trade and Industry (RIETI), 1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo, Japan

Abstract

Abstract This study presents the empirical findings on cross-sectional dispersion and time-series volatility of TFPQ and TFPR using high-frequency establishment-level panel data from three narrowly defined service industries. The within-industry dispersion of TFPQ is not larger than that of TFPR, and this finding differs from past studies on the manufacturing sector. Productivity dispersion is smaller when aggregated industry-level productivity is higher, and vice versa. Service producers with highly volatile productivity are less productive in both TFPQ and TFPR.

Funder

Society for the Promotion of Science

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics

Link

http://academic.oup.com/icc/article-pdf/28/6/1515/30975427/dtz019.pdf

Reference48 articles.

1. Dynamic inputs and resource (mis) allocation;Asker;Journal of Political Economy,2014

2. Materials prices and productivity;Atalay;Journal of the European Economic Association,2014

3. Understanding productivity: lessons from longitudinal microdata;Bartelsman;Journal of Economic Literature,2000

4. Allocation of human capital and innovation at the frontier: firm-level evidence on Germany and the Netherlands;Bartelsman;Industrial and Corporate Change,2015

Cited by 3 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. One crash, too many: Global uncertainty, sentiment factors and cryptocurrency market;Journal of International Financial Markets, Institutions and Money;2024-07

2. Financial heterogeneity and the dynamics of credit rationing in Japan;Applied Economics;2021-09-04

3. Price competition vs. quality competition: Evidence from firm surveys;Journal of Economics and Business;2021-07