The Link between Aggregate and Micro Productivity Growth: Evidence from Retail Trade
The Link between Aggregate and Micro Productivity Growth: Evidence from Retail Trade
复制标题
总体生产率增长与微观生产率增长之间的联系：来自零售贸易的证据
DOI：
10.3386/w9120
复制
发表时间：
2002
期刊：
影响因子：
--
通讯作者：
Thomas Holmes
中科院分区：
文献类型：
--
作者：
L. Foster;J. Haltiwanger;C. Krizan;Jeffrey R. Campbell;Michael J. Harper;Thomas Holmes
理解资源再分配的性质和规模，特别是当它与生产率增长相关时，是重要的，因为它影响我们如何建模和解释总生产率动态，也因为市场结构和制度可能影响再分配的规模和效率。迄今为止，美国和其他国家的再分配与生产力动态之间联系的大多数证据都来自一个行业：制造业。基于美国零售贸易企业独特的企业级数据集，我们提供了一些关于非制造业部门再分配与生产力动态之间联系的第一批证据。零售业是一个特别适合这样一个研究的主题，因为这个大行业是许多最新技术进步的核心，如电子商务和先进的库存控制。我们的研究结果表明，几乎所有的生产率增长，在美国零售贸易部门在20世纪90年代是占更多的生产力进入企业取代生产力低得多的退出企业。有趣的是，大部分机构间的再分配是一个内部，而不是公司之间的现象。
Understanding the nature and magnitude of resource reallocation, particularly as it relates to productivity growth, is important both because it affects how we model and interpret aggregate productivity dynamics, and also because market structure and institutions may affect the reallocation's magnitude and efficiency. Most evidence to date on the connection between reallocation and productivity dynamics for the U.S. and other countries comes from a single industry: manufacturing. Building upon a unique establishment-level data set of U.S. retail trade businesses, we provide some of the first evidence on the connection between reallocation and productivity dynamics in a non-manufacturing sector. Retail trade is a particularly appropriate subject for such a study since this large industry lies at the heart of many recent technological advances, such as E-commerce and advanced inventory controls. Our results show that virtually all of the productivity growth in the U.S. retail trade sector over the 1990s is accounted for by more productive entering establishments displacing much less productive exiting establishments. Interestingly, much of the between-establishment reallocation is a within, rather than between-firm phenomenon.