Títol:
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Decomposing differences in total factor productivity across firm size
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Autor/a:
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Castany, Laia; López-Bazo, Enrique; Moreno Serrano, Rosina; Xarxa de Referència en Economia Aplicada (XREAP)
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Abstract:
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This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of differences in the propensity to innovate and in the use of skilled labor across firms of different size. Empirical evidence from a representative sample of Spanish manufacturing firms corroborates that both differences in endowments and returns to innovation and skilled labor significantly contribute to the productivity gap between small and large firms. In addition, it is observed that the contribution of innovation to this gap is caused only by differences in quantity, while differences in returns have no effect; in the case of human capital, however, most of the effect can be attributed to increasing differences in returns between small and large firms. |
Matèries:
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-Total Factor Productivity -Skilled labor -Innovation -Firm size -Oaxaca decomposition -Productivitat -Innovació -Dimensió de les empreses |
Drets:
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open access
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i la xarxa i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús
https://creativecommons.org/licenses/by-nc-nd/2.5/ |
Tipus de document:
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Working paper |
Publicat per:
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Xarxa de Referència en Economia Aplicada (XREAP)
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Compartir:
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Uri:
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https://ddd.uab.cat/record/45496
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