Publication by Eric Bartelsman in Review of Economics and Statistics
Article ‘Forecasting Aggregate Productivity using Information from Firm-Level Data’ by fellow Eric Bartelsman and TI alumnus Zoltan Wolf was published by the Review of Economics and Statistics (October 2014).
Bartelsman and Wolf explore whether information from firm-level data can improve forecasts of aggregate productivity growth. They generate firm-level productivity measures and aggregate them into time-series components that capture within-firm productivity and the productivity contribution of reallocation. The authors demonstrate that these components improve aggregate total factor productivity forecasts in a simple univariate setting, even when firm-level data are available with a time lag. Please click here to read the publication.
Eric Bartelsman is the chair of the department of economics at the VU Amsterdam. Zoltan Wolf is an alumnus of the MPhil and PhD programs of the Tinbergen Institute and a researcher at the United States Bureau of Census.
Article Citation: Eric Bartelsman and Zoltan Wolf, Forecasting Aggregate Productivity using Information from Firm-Level Data, Review of Economics and Statistics, October 2014, 96 (4), 745-755. DOI: 10.1162/REST_a_00395