On measuring the contribution from fi rm turnover to aggregate productivity growth: Selection on profitability and not productivity

dc.contributor.author	Brasch, Thomas von
dc.coverage.spatial	Norge	nb_NO
dc.date.accessioned	2019-07-22T12:43:51Z
dc.date.available	2019-07-22T12:43:51Z
dc.date.issued	2015-10
dc.identifier.issn	1892-753X
dc.identifier.uri	http://hdl.handle.net/11250/2606182
dc.description.abstract	Foster et al. (2001) outline a framework that is commonly used to identify the contribution from firm turnover to aggregate productivity growth. The framework is not derived from economic theory and it implies that productivity levels determine the contribution from reallocation and firm turnover. In this paper, I outline an index for aggregate productivity growth based on economic theory. In contrast to common beliefs, I show that the contribution from firm turnover to aggregate productivity growth should be based on the profitability, and not the productivity, of these firms.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Statistisk sentralbyrå	nb_NO
dc.relation.ispartofseries	Discussion papers;819
dc.subject	Productivity	nb_NO
dc.subject	Produktivitet	nb_NO
dc.subject	Profitability	nb_NO
dc.subject	Lønnsomhet	nb_NO
dc.subject	Aggregation	nb_NO
dc.subject	Aggregering	nb_NO
dc.title	On measuring the contribution from fi rm turnover to aggregate productivity growth: Selection on profitability and not productivity	nb_NO
dc.type	Working paper	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.source.pagenumber	14 s.	nb_NO