{"product_id":"firm-dynamics-and-australias-productivity-growth-von-marn-heong-wong","title":"Firm Dynamics and Australia''s Productivity Growth","description":"\u003cp\u003eAustralia turned in an impressive productivity  performance in the 1990s, but this big picture  masked uneven firm performances and considerable  dynamics (expansion, contraction, entry and exit).  This study takes into account firms'' heterogeneity,  input choices and exit decisions in deriving  productivity measures. It then assesses the relative  contribution of intra-firm productivity changes and  inter-firm share reallocation via firm dynamics to  total factor productivity growth across 25  manufacturing and services industries in Australia.  The use of microdata and the application of research  methods new to Australian data have helped to shed  new light on Australia''s productivity performance.  The study highlights the significance of firm  dynamics in driving Australian industries''  productivity growth and points to the importance of  a policy environment that facilitates the entry and  exit of firms in improving resource allocation.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838325576\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838325576","offer_id":39498932158557,"sku":"9783838325576","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/e1aff8a6-707f-4fda-bc3f-e1f393b2e4c3.jpg?v=1759296875","url":"https:\/\/shop.autorenwelt.de\/products\/firm-dynamics-and-australias-productivity-growth-von-marn-heong-wong","provider":"Autorenwelt Shop","version":"1.0","type":"link"}