An Empirical Model of Growth Through Product Innovation
Rasmus Lentz and
Dale Mortensen
No 2005-13, CAM Working Papers from University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics
Abstract:
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution and growth developed by Klette and Kortum (2004). The data set is a panel of Danish firms than includes information on value added, employment, and wages. The model's fit is good and the structural parameter estimates have interesting implications for the aggregate growth rate and the contribution of worker reallocation to it.
Keywords: labor productivity growth; worker reallocation; firm dynamics; firm panel data estimation (search for similar items in EconPapers)
JEL-codes: E22 E24 J23 J24 L11 L25 O3 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2005-07
New Economics Papers: this item is included in nep-dge, nep-ent, nep-ino and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.econ.ku.dk/cam/wp0910/wp0406/2005-13.pdf/ (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.econ.ku.dk/cam/wp0910/wp0406/2005-13.pdf/ [301 Moved Permanently]--> https://www.econ.ku.dk/cam/wp0910/wp0406/2005-13.pdf/)
Related works:
Journal Article: An Empirical Model of Growth Through Product Innovation (2008) 
Working Paper: An Empirical Model of Growth Through Product Innovation (2005)
Working Paper: An Empirical Model of Growth Through Product Innovation (2005) 
Working Paper: An Empirical Model of Growth Through Product Innovation (2005) 
Working Paper: An Empirical Model of Growth Through Product Innovation (2005) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kud:kuieca:2005_13
Access Statistics for this paper
More papers in CAM Working Papers from University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics �ster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Hoffmann ().