WP10 Linkages with Micro Data. Overview, remaining work, and some new results Brussels, March 16-17, 2007 Eric Bartelsman
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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
Vrije Universiteit Amsterdam, Tinbergen Institute, IZA
(joint with Stefano Scarpetta, OECD)
Gross and net firm turnover: Transition Economies divided by the average size of incumbents)
Eric Bartelsman, John Haltiwanger divided by the average size of incumbents)
and Stefano Scarpetta*
*Vrije Universiteit Amsterdam, Tinbergen Institute and IZA; University of Maryland, NBER, and IZA; OECD and IZA.
January 2007Cross Country Differences in Productivity: The Role of Allocative Efficiency
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 Restuccia (2003) (and
Note: All reported statistics are at steady state equilibrium reflecting selection.
Relationship Between Labor Productivity and Employment (Random distortion case)