Decomposing Learning by Doing in New Plants

Byong-Hong Bahk and Michael Gort

Journal of Political Economy, 1993, vol. 101, issue 4, 561-83

Abstract: This paper examines learning by doing in the context of a production function in which the other arguments are labor, human capital, physical capital, and vintage as a proxy for embodied technical change in physical capital. Learning is further decomposed into organization learning, capital learning, and manual task learning. The model is tested with time-series and cross-section data for various samples of up to 2,150 plants over a fourteen-year period. Copyright 1993 by University of Chicago Press.

Date: 1993
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