Résultats de recherche
Creator: Mitchell, Matt Series: Staff report (Federal Reserve Bank of Minneapolis. Research Department) Number: 269 Abstract:
Many manufacturing industries, including the computer industry, have seen large increases in productivity growth rates and have experienced a reduction in average establishment size and a decrease in the variance of the sizes of plants. A vintage capital model is introduced where learning increases productivity on any given technology and firms choose when to adopt a new vintage. In the model, a rise in the rate of technological change leads to a decrease in both the mean and variance of the size distribution.
Mot-clé: Productivity Growth, Plant Size, and Technological Change Assujettir: L60 - Industry Studies: Manufacturing: General, O30 - Innovation; Research and Development; Technological Change; Intellectual Property Rights: General, and L11 - Production, Pricing, and Market Structure; Size Distribution of Firms