The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
A Model of TFP
Open accessAbstract
This paper proposes an aggregative model of total factor productivity (TFP) in the spirit of Houthakker (1955-1956).It considers a frictional labor market where production units are subject to idiosyncratic shocks and jobs are created and destroyed as in Mortensen and Pissarides (1994).An aggregate production function is derived by aggregating across micro production units in equilibrium.The level of TFP is explicitly shown to depend on the underlying distribution of shocks as well as on all the characteristics of the labor market as summarized by the job-destruction decision.The model is also used to study the effects of labor-market policies on the level of measured TFP.
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Citations
Cites
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
Gollin, D. (2002) · Journal of Political Economy · doi:10.1086/338747 · Cited by 1,977
Zipf Distribution of U.S. Firm Sizes
Axtell, R. L. (2001) · Science · doi:10.1126/science.1062081 · Cited by 1,839
Blanchard, O. J., Nordhaus, W. D., & Phelps, E. S. (1997) · Brookings Papers on Economic Activity · doi:10.2307/2534687 · Cited by 588
Cited by
The Cyclical Behavior of Equilibrium Unemployment and Vacancies
Shimer, R. (2005) · American Economic Review · doi:10.1257/0002828053828572 · Cited by 2,731
Misallocation and Manufacturing TFP in China and India
Hsieh, C.-T., & Klenow, P. J. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1442871 · Cited by 1,444
Chari, V. V., Kehoe, P. J., & McGrattan, E. R. (2007) · Econometrica · doi:10.1111/j.1468-0262.2007.00768.x · Cited by 874
Macroeconomic implications of size-dependent policies
Guner, N., Ventura, G., & Xu, Y. (2008) · Review of Economic Dynamics · doi:10.1016/j.red.2008.01.005 · Cited by 623
The Shape of Production Functions and the Direction of Technical Change
Jones, C. I. (2005) · The Quarterly Journal of Economics · doi:10.1093/qje/120.2.517 · Cited by 380
Metadata
- Authors
- Lagos, R.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2006-10
- Volume
- 73
- Issue
- 4
- Pages
- 983-1007
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2141644303
- Cited by
- 242
- References
- 4
- FWCI
- 22.30
- Type
- journal article
- Language
- en
- Open access
- gold
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- Lagos, R. (2006). A Model of TFP. The Review of Economic Studies. https://doi.org/10.1111/j.1467-937x.2006.00405.x
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.