WP10 Linkages with Micro Data. Overview, remaining work, and some new results Brussels, March 16-17, 2007 Eric Bartelsman
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WP10 Linkages with Micro Data
Overview, remaining work, and some new results
Brussels, March 16-17, 2007
The EUKLEMS project is funded by the European Commission, Research DG, 6th Framework Programme, Priority 8, "Policy Support and Anticipating Scientific and Technological Needs".
Longitudinal Micro Data
National Accounts Industry Data
Macro and Sectoral Timeseries
Creative Destruction and Productivity in the Turkish Manufacturing Industry
Vrije Universiteit Amsterdam, Tinbergen Institute, IZA
(joint with Stefano Scarpetta, OECD)
Gross and net firm turnover: Transition Economies
Eric Bartelsman, John Haltiwanger
and Stefano Scarpetta*
*Vrije Universiteit Amsterdam, Tinbergen Institute and IZA; University of Maryland, NBER, and IZA; OECD and IZA.
where: N: # of firms in a sector;
A Model of “Mis”-Allocation (Based on Rogerson and Restuccia (2003) (and
similar to Hsieh and Klenow (2006))
Consumers supply labor inelastically and maximize utility:
Firms maximize profits:
Ex Ante Joint Distribution
Exogenous probability of exiting in each period given by λ
μ(A,τ,) is ex post distribution
E is aggregate entry
Preliminary Calibration and Numerical Analysis of Model
Note: All reported statistics are at steady state equilibrium reflecting selection.
Relationship Between Productivity and Employment: No Distortions
Relationship Between Labor Productivity and Employment (Random distortion case)