The Economics of Firm Productivity

Carlo Altomonte is Associate Professor of Economics at Bocconi University and non-resident fellow at Bruegel. He has acted as consultant for a number of international institutions, including the European Commission, the European Central Bank and the United Nations. Filippo di Mauro is the founder and chairman of CompNet, a leading forum for productivity research and provider of a top standard firm-level based dataset. He has been an economist and research manager in central banks (Bank of Italy, US Fed and ECB) and international organizations (IMF and ADB).

• 1. Introduction; 2. Basic concepts; 3. Productivity estimation; 4. Measuring market efficiency; 5. Sources of data; 6. Productivity and the financial environment; 7. Productivity and the labour market; 8. Productivity in a borderless world; 9. Productivity and competitive pressure; 10. Conclusion and final remarks.

'If you want to see how many insights are obtainable from firm-level productivity analysis, read this book. The authors apply time-tested methods to CompNet data, shedding light on many important questions about how different firms operate and how markets react to such differences.' Chad Syverson, The University of Chicago