The Best versus the Rest: The Global Productivity Slowdown, Divergence across Firms and the Role of Public Policy

By D. Andrews, Chiara Criscuolo, Peter Gal. 2016

312 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ba6cec4a2828398aa71becb95fba8cdf120f5ca5

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In Economics and Econometrics

Citations in the corpus

Breaking the Shackles: Zombie Firms, Weak Banks and Depressed Restructuring in Europe (2017, unknown): “Firm-level research is increasingly linking the aggregate productivity slowdown to the widening productivity dispersion across firms (Andrews et al. 2016), rising capital misallocation (Gopinath et al.”
Low Interest Rates, Market Power, and Productivity Growth (2019, background): “(2020), Autor et al. (2020)), higher pro ts (e.g., Barkai (forthcoming), De Loecker et al. (2020)), and higher concentration in product markets (e.”
Connecting to Power: Political Connections, Innovation, and Firm Dynamics (2018, background): “Andrews et al. (2019) document a widening productivity gap between market leaders and followers, and Akcigit and Ates (2019a,b) and Argente et al. (2020) argue that the declining knowledge diffusion from market leaders to followers due to defensive and strategic use of patenting would prevent…”
What Happened to US Business Dynamism? (2019, background): “Similarly, Andrews, Criscuolo, and Gal (2015, 2016) establish that, across the OECD economies, the gap between the average productivity levels of frontier firms (the top 5% of firms with the highest productivity) and laggard ones has been widening, suggesting the rise of “best-versus-the-rest”…”
The walking dead? Zombie firms and productivity performance in OECD countries (2018, background): “ZOMBIE FIRMS 24 proceedings in the United Kingdom are quite efficient, compared to other OECD countries (Adalet McGowan and Andrews, 2016).”
Economics of Artificial Intelligence: Implications for the Future of Work (2019, unknown): “23 See, for instance, the initiative at the European level, the Europass: https://europass.cedefop.europa.eu/documents/ european-skills-passport. with potentially pernicious effects on productivity growth and job creation (Andrews et al., 2016; Autor et al., 2017a, 2017b).”
Industry Concentration in Europe and North America (2019, methodology): “10 See Andrews et al. (2016) and Berlingieri et al. (2017b). 11 De Loecker and Eeckhout (2017) for the US and Calligaris, Criscuolo and Marcolin (2018) for 26 mostly OECD economies. 12 Karabarbounis and Neiman (2014) and OECD (2015) document declining labour shares in a large number of countries. Au”
Digital technologies, innovation, and skills: emerging trajectories and challenges (2021, background): “It has been argued that, although average productivity growth has declined throughout the digital age, except during the financial crisis, the top performers have experienced sustained productivity growth (Andrews et al., 2016; Haldane, 2017).”
Market Power and Innovation in the Intangible Economy (2019, methodology): “Andrews et al. (2016) show that productivity growth at the most productive firms within 2-digit industries has not declined across the OECD.6 Decker et al. (2018) similarly find an increase in productivity dispersion within the U.S.7 The rise in markups in De Loecker et al. (2018) is also strongest…”