Labour Reallocation in Recession and Recovery: Evidence for Europe

Bartelsman, Eric J.; López-García, Paloma; Presidente, Giorgio

doi:10.1177/002795011924700113

Cited by 13 publications

(7 citation statements)

References 27 publications

(51 reference statements)

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“…There is evidence that in the euro area (shown in Section 2.3 of this report), but also in the United States, the magnitude of job reallocation has been declining secularly (Hyatt and Spletzer, 2013;Decker et al, 2014), although no clear answer is available about the causes of the decline. Evidence in Bartelsman, Gautier, and de Wind (2016) shows that in the EU This overview draws heavily on Bartelsman, Lopez-Garcia and Presidente (2019).…”

Section: Literature Overview 72mentioning

confidence: 99%

Key Factors Behind Productivity Trends in EU Countries

et al. 2021

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Section: Literature Overview 72mentioning

confidence: 99%

Key Factors Behind Productivity Trends in EU Countries

et al. 2021

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“…As set out by Bartelsman et al in this Review (Bartelsman et al ., 2019), economists expect that in the long run factor inputs will tend to shift away (or be ‘reallocated’) from activities with low marginal productivity towards activities which generate more value added. At face value, these differences in productivity are consequently somewhat puzzling.…”

Section: Stylised Facts Of Uk Productivity: One Puzzle or Three?mentioning

confidence: 99%

The Anatomy of UK Labour Productivity: Lessons from New and Existing Data Sources

Wales

2019

Natl. Inst. econ. rev.

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The UK's recent productivity performance has been strikingly weak. Output per hour worked, which increased by around 2.1 per cent per year in the decade leading up to the economic downturn, increased by just 0.2 per cent per year in the ten years following the global financial crisis. This paper presents three ‘stylised facts’ on the UK's recent productivity performance through the lens of official statistics: the weakness of recent productivity growth; the ‘gap’ in productivity terms between the UK and other leading economies; and the large differences in productivity between businesses. It surveys recent work by ONS to help researchers and policy-makers to understand the UK's productivity performance, including new experimental and official statistics, analysis and research. It concludes by drawing together the key findings of these new statistics, highlighting how further improvements might be made through the greater use of survey and administrative data.

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“…Few empirical studies corroborate that recessions (see e.g. Foster et al, 2016;Bartelsman et al, 2019, for some recent contributions) boost reallocation.…”

Section: Introductionmentioning

confidence: 99%

Distant but Close in Sight: Firm‐level Evidence on French–German Productivity Gaps in Manufacturing

Grebel

Napoletano

Nesta

2022

Review of Income and Wealth

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W e study the productivity level distributions of manufacturing firms in France and Germany, and how these distributions evolved across the Great Recession. W e 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. W e 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.

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Labour Reallocation in Recession and Recovery: Evidence for Europe

Cited by 13 publications

References 27 publications

Key Factors Behind Productivity Trends in EU Countries

Key Factors Behind Productivity Trends in EU Countries

The Anatomy of UK Labour Productivity: Lessons from New and Existing Data Sources

Distant but Close in Sight: Firm‐level Evidence on French–German Productivity Gaps in Manufacturing

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