Cookies?
Library Header Image
LSE Research Online LSE Library Services

Unraveling firms: demand, productivity and markupsheterogeneity

Forlani, Emanuele, Martin, Ralf, Mion, Giordano and Muuls, Mirabelle (2016) Unraveling firms: demand, productivity and markupsheterogeneity. CEP Discussion Paper (1402). Centre for Economic Performance, London School of Economics and Political Science, London, UK.

[img]
Preview
PDF - Published Version
Download (1MB) | Preview

Abstract

We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other approaches. We also show to what extent our three dimensions of heterogeneity allow us to gain deeper and sharper insights on two key firm-level outcomes: export status and size.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/
Additional Information: © 2016 The Authors
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 09 May 2016 13:30
Last Modified: 20 Nov 2019 04:55
Funders: Economic and Social Research Council, Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/66413

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics