Aggregate Growth [electronic resource]: What Have We Learned from Microeconomic Evidence? / John Haltiwanger

By:

Haltiwanger, John

Material type: Article

ArticleSeries: OECD Economics Department Working Papers ; no.267.Publication details: Paris : OECD Publishing, 2000.Description: 28 p. ; 21 x 29.7cmSubject(s):

Economics

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Abstract: This paper provides a synthesis of what is known about the determinants of output growth based on studying microeconomic data sets. It starts with a summary of the theoretical explanations which help reconcile heterogeneous performance observed across establishments in the same sector. The related theoretical literature on creative destruction models of growth is also discussed. This is followed by a review of the recent empirical literature on the relationship between microeconomic and macroeconomic productivity growth. The final section discusses the main empirical findings, the caveats of interpretation and the main issues of interpretation underlying the relationship between reallocation and growth ...

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección OECD	OECD 303067464021 (Browse shelf(Opens below))	Not For Loan

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This paper provides a synthesis of what is known about the determinants of output growth based on studying microeconomic data sets. It starts with a summary of the theoretical explanations which help reconcile heterogeneous performance observed across establishments in the same sector. The related theoretical literature on creative destruction models of growth is also discussed. This is followed by a review of the recent empirical literature on the relationship between microeconomic and macroeconomic productivity growth. The final section discusses the main empirical findings, the caveats of interpretation and the main issues of interpretation underlying the relationship between reallocation and growth ...

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