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Distant But Close in Sight
Thomas Grebel
Mauro Napoletano
Lionel Nesta
其他書名
Firm-level Evidence on French-German Productivity Gaps in Manufacturing
出版
GREDEG
, 2020
URL
http://books.google.com.hk/books?id=bdFfzgEACAAJ&hl=&source=gbs_api
註釋
We study the productivity level distributions of manufacturing firms in France and Germany, and how these distributions evolved across the Great Recession. We show the presence of a systematic productivity advantage of German firms over French ones in the decade 2003-2013, but the gap has narrowed down after the Great Recession. Convergence is explained by the better growth performance of French firms in the post-recession period, especially of those located in the top percentiles of the productivity distribution. We also highlight the role of sectoral growth, firm size and export intensity in explaining the above convergence. In contrast, the contribution of allocative efficiency was small.