Productivity Dynamics: Us Manufacturing Plants, 1972-1986

Posted: 13 Sep 1999

See all articles by Eric J. Bartelsman

Eric J. Bartelsman

Vrije Universiteit Amsterdam; Tinbergen Institute; IZA Institute of Labor Economics

Phoebus J. Dhrymes

Columbia University, Graduate School of Arts and Sciences, Department of Economics

Abstract

This paper presents an analysis of the dynamics of total factor productivity measures for large plants in SICs 35, 36, and 38. Several TFP measures, derived from production functions and Solow type residuals, are computed and their behavior over time is compared, using non-parametric tools. Aggregate TFP, which has grown substantially over the time period, is compared with average plant level TFP, which has declined or remained flat. Using transition matrices, the persistence of plant productivity is examined, and it is shown how the transition probabilities vary by industry, plant age, and other characteristics.

JEL Classification: O4

Suggested Citation

Bartelsman, Eric J. and Dhrymes, Phoebus J., Productivity Dynamics: Us Manufacturing Plants, 1972-1986. Available at SSRN: https://ssrn.com/abstract=5901

Eric J. Bartelsman

Vrije Universiteit Amsterdam ( email )

Amsterdam, ND North Holland
Netherlands
+31 (0)20 44 46044 (Phone)

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Phoebus J. Dhrymes (Contact Author)

Columbia University, Graduate School of Arts and Sciences, Department of Economics ( email )

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