2011 Fiscal Year Final Research Report
Firm growth and resource reallocation-Evidence from Japanese micro data-
| Project/Area Number |
21730203
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Applied economics
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| Research Institution | Toyo University |
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Principal Investigator |
TAKIZAWA Miho 東洋大学, 経済学部, 准教授 (50509247)
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| Project Period (FY) |
2009 – 2011
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| Keywords | TFP / 参入 / 退出 |
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| Research Abstract |
I and co-authors construct physical output based TFP(TFPQ) measures using data from the Census of Manufactures. We find that productivity differences among business establishments using TFPQ are larger than those using the traditional revenue-based TFP measures(TFPR). The negative correlation between physical output and output prices implies that establishments are facing a downward demand curve and the traditional measures of TFP are affected by idiosyncratic demand shocks.
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