Market structure and productivity: A concrete example

Journal of Political Economy

Volumn 112, Issue 6, 2004, Pages 1181-1222

  Syverson, Chad ^a,b  

^a UNIVERSITY OF CHICAGO   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

INDUSTRIAL PRODUCTION; MARKET CONDITIONS; PRODUCTIVITY; SUBSTITUTION;

NORTH AMERICA; UNITED STATES; WESTERN HEMISPHERE; WORLD;

EID: 12144249419     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/424743     Document Type: Article

References (31)

1. Abbott, Thomas A. 1992. "Price Dispersion in U.S. Manufacturing: Implications for the Aggregation of Products and Firms." Working Paper no. 92-3. Washington, D.C.: Bur. Census, Center Econ. Studies.
2. Aghion, Philippe, and Peter Howitt. 1992. "A Model of Growth through Creative Destruction" Econometrica 60 (March): 323-51.
3. Asplund, Marcus, and Volker Nocke. 2003. "Firm Turnover in Imperfectly Competitive Markets." Working Paper no. 03-010. Philadelphia: Univ. Pennsylvania, Penn Inst. Econ. Res.
4. Baily, Martin Neil, Charles Hulten, and David Campbell. 1992. "Productivity Dynamics in Manufacturing Plants." Brookings Papers Econ. Activity: Microeconomics, pp. 187-249.
5. Bartelsman, Eric J., and Mark Doms. 2000. "Understanding Productivity: Lessons from Longitudinal Microdata." J. Econ. Literature 38 (September): 569-94.
6. Basu, Susanto, and Miles S. Kimball. 1997. "Cyclical Productivity with Unobserved Input Variation." Working Paper no. 5915 (February). Cambridge, Mass.: NBER.
7. Bresnahan, Timothy F., and Peter C. Reiss. 1991. "Entry and Competition in Concentrated Markets." J.P.E. 99 (October): 997-1009.
8. Buse, A. 1992. "The Bias of Instrumental Variables Estimators." Econometrica 60 (January): 173-80.
9. Campbell, Jeffrey R., and Hugo A. Hopenhayn. In press. "Market Size Matters." J. Indus. Econ.
10. Ciccone, Antonio, and Robert E. Hall. 1996. "Productivity and the Density of Economic Activity." A.E.R. 86 (March): 54-70.
11. Davis, Steven J., and John Haltiwanger. 1991. "Wage Dispersion between and within U.S. Manufacturing Plants, 1963-86." Brookings Papers Econ. Activity: Microeconomics, pp. 115-80.
12. Dunne, Timothy, Mark J. Roberts, and Larry Samuelson. 1989. "The Growth and Failure of U.S. Manufacturing Plants." Q.J.E. 104 (November): 671-98.
13. Ericson, Richard, and Ariel Pakes. 1995. "Markov-Perfect Industry Dynamics: A Framework for Empirical Work." Rev. Econ. Studies 62 (January): 53-82.
14. Foster, Lucia, John Haltiwanger, and C. J. Krizan. 2002. "The Link between Aggregate and Micro Productivity Growth: Evidence from Retail Trade" Working Paper no. 9120 (August). Cambridge, Mass.: NBER.
15. Harper, Michael J., Ernst R. Berndt, and David O. Wood. 1989. " Rates of Return and Capital Aggregation Using Alternative Rental Prices." In Technology and Capital Formation, edited by Dale W. Jorgenson and Ralph Landau. Cambridge, Mass.: MIT Press.
16. Johnson, Kenneth P. 1995. "Redefinition of the BEA Economic Areas" Survey Current Bus. 75 (February): 75-81.
17. Jovanovic, Boyan. 1982. "Selection and the Evolution of Industry" Econometrica 50 (May): 649-70.
18. Levinsohn, James, and Amil Petrin. 2003. "Estimating Production Functions Using Inputs to Control for Unobservables." Rev. Econ. Studies 70 (April): 317-41.
19. Marschak, Jacob, and William H. Andrews, Jr. 1944. "Random Simultaneous Equations and the Theory of Production." Econometrica 12 (July-October): 143-205.
20. Melitz, Marc J. 2003. "The Impact of Trade on Intra-industry Reallocations and Aggregate Industry Productivity." Econometrica 71 (November): 1695-1725.
21. Nickell, Stephen J. 1996. "Competition and Corporate Performance." J.P.E. 104 (August): 724-46.
22. Olley, G. Steven, and Ariel Pakes. 1996. "The Dynamics of Productivity in the Telecommunications Equipment Industry." Econometrica 64 (November): 1263-97.
23. Raith, Michael. 2003. "Competition, Risk, and Managerial Incentives." A.E.R. 93 (September): 1425-36.
24. Salop, Steven C. 1979. "Monopolistic Competition with Outside Goods." Bell J. Econ. 10 (Spring): 141-56.
25. Schmitz, James A. 2004. "What Determines Labor Productivity? Lessons from the Dramatic Recovery of the U.S. and Canadian Iron-Ore Industries since Their Early 1980s Crisis." Staff Report no. 286. Minneapolis: Fed. Reserve Bank, Res. Dept.
26. Seim, Katja. 2004. "An Empirical Model of Firm Entry with Endogenous Product-Type Choices." Working paper. Stanford, Calif.: Stanford Univ., Grad. School Bus.
27. Shea, John. 1993. "The Input-Output Approach to Instrument Selection." J. Bus. and Econ. Statis. 11 (April): 145-55.
28. Syverson, Chad. 2001. "Market Structure and Productivity: A Concrete Example." Manuscript. Chicago: Univ. Chicago, Dept. Econ.
29. Syverson, Chad. 2003. "Price Dispersion: The Role of Product Substitutability and Productivity." Manuscript. Chicago: Univ. Chicago, Dept. Econ.
30. Syverson, Chad. 2004. "Product Substitutability and Productivity Dispersion." Rev. Econ. and Statis. 86 (May): 534-50.
31. U.S. Bureau of Labor Statistics. 1983. Trends in Multifactor Productivity, 1948-81. Bulletin no. 2178. Washington, D.C.: Government Printing Office.