Firms' age, process innovation and productivity growth

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dc.contributor.author Huergo, Elena
dc.contributor.author Jaumandreu, Jordi
dc.date.accessioned 2014-05-30T11:30:45Z
dc.date.available 2014-05-30T11:30:45Z
dc.date.issued 2004-04
dc.identifier.bibliographicCitation International Journal of Industrial Organization (2004), 22(4), 541-559
dc.identifier.issn 0167-7187
dc.identifier.uri http://hdl.handle.net/10016/5201
dc.description.abstract This paper looks directly at the impact of firms' age and (process) innovations on productivity growth. A model that specifies productivity growth as an unknown function of these variables is devised and estimated using semiparametric methods. Results show that firms enter the market experiencing high productivity growth and that above-average growth rates tend to last for many years, but also that productivity growth of surviving firms converges. Process innovations at some point then lead to extra productivity growth, which also tends to persist somewhat attenuated for a number of years.
dc.format.extent 19
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.rights © 2004 Elsevier B.V.
dc.subject.other Productivity
dc.subject.other Process innovation
dc.subject.other Solow residual
dc.subject.other Firm age
dc.title Firms' age, process innovation and productivity growth
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1016/j.ijindorg.2003.12.002
dc.subject.jel D24
dc.subject.jel L6
dc.subject.jel O3
dc.subject.eciencia Economía
dc.identifier.doi 10.1016/j.ijindorg.2003.12.002
dc.rights.accessRights openAccess
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 541
dc.identifier.publicationissue 4
dc.identifier.publicationlastpage 559
dc.identifier.publicationtitle International Journal of Industrial Organization
dc.identifier.publicationvolume 22
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