| Autor: |
Suzanna M. Paleologou, Giannis Karagiannis |
| Rok vydání: |
2018 |
| Předmět: |
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| Zdroj: |
Productivity and Inequality ISBN: 9783319686776 |
| DOI: |
10.1007/978-3-319-68678-3_8 |
| Popis: |
The aim of this paper is to explore the covariance term in the Olley-Pakes productivity decomposition in order to provide further insights underlying the reallocation effect. In particular, we consider how firms are classified according to their size and productivity scores. We use this information to examine the extent and the importance of the reallocation effect in the Greek cotton industry during a period of high price support. The empirical results show that the policy regime not only allowed least productive farms to survive more than otherwise but also caused the downsizing of the most productive farms and/or the expansion of the least productive ones. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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