Productivity and Firm Turnover in Israeli Industry: 1979-1988

37 Pages Posted: 10 Jul 2007 Last revised: 6 Aug 2021

See all articles by Zvi Griliches

Zvi Griliches

(Deceased)

Haim Regev

affiliation not provided to SSRN

Date Written: April 1992

Abstract

An analysis of a large panel data set on Israeli industrial firms finds that most of the growth in aggregate productivity comes from productivity changes within firms rather than from entry, exit, or differential growth; that firms which will exit in the future have lower productivity performance several years earlier (the "shadow of death" effect); and that, overall, there was little total factor productivity growth in Israeli industry during 1979-1988 (another "lost decade").

Suggested Citation

Griliches, Zvi and Regev, Haim, Productivity and Firm Turnover in Israeli Industry: 1979-1988 (April 1992). NBER Working Paper No. w4059, Available at SSRN: https://ssrn.com/abstract=476174

Zvi Griliches

(Deceased)

Haim Regev (Contact Author)

affiliation not provided to SSRN

Jerusalem

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