文章基本信息

标题：Innovaciones en Productividad y DinÃ¡mica de Plantas
本地全文：下载
作者：Raphael Bergoeing ; Facundo Piguillem
期刊名称：Revista de Análisis Económico (RAE)
印刷版ISSN：0716-5927
电子版ISSN：0718-8870
出版年度：2003
卷号：18
期号：2
页码：3-32
出版社：ILADES & Universidad Alberto Hurtado
摘要：The recent empirical evidence shows that plant level dynamics are relevant to explain economic growth. The reallocation of resources across incumbent plants, and the process of entry and exit of plants account for a quantitatively relevant fraction of changes in total factor pro-ductivity; aggregate efficiency in turns is the main source of the observed changes in aggregate growth. In this paper we build a stochastic gene-ral equilibrium model with heterogeneous plants to study the effect on plant decisions of idiosyncratic and aggregate productivity shocks. Para-meterizing the model to represent a developing economy, we analyze the effect of productivity changes on several key macroeconomic varia-bles. Our numerical simulations show that the model accounts for the observed regularities. The model can also be used to study several additional issues related to both, business cycle and long run income levels.