Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18739 |
来源ID | Working Paper 18739 |
Reallocation and Technology: Evidence from the U.S. Steel Industry | |
Allan Collard-Wexler; Jan De Loecker | |
发表日期 | 2013-01-25 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry's productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial reallocation process within the group of vertically integrated producers, driving a resurgence in their productivity, and consequently of the industry's productivity as a whole. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w18739 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576412 |
推荐引用方式 GB/T 7714 | Allan Collard-Wexler,Jan De Loecker. Reallocation and Technology: Evidence from the U.S. Steel Industry. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18739.pdf(578KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。