Dynamic Olley‐Pakes productivity decomposition with entry and exit
扩展了Olley-Pakes生产率分解方法，将存活、进入和退出企业对总体生产率变化的贡献纳入分析，并应用于斯洛文尼亚制造业数据，发现进入和退出的测量偏差可占总体生产率增长的10个百分点。
We propose an extension of the Olley and Pakes ( ) productivity decomposition that accounts for the contributions of surviving, entering, and exiting firms to aggregate productivity changes. We argue that the other decompositions that break down aggregate productivity changes into similar components introduce some biases in the measurement of the contributions of entry and exit. We apply our proposed decomposition to Slovenian manufacturing data and contrast our results with those of other decompositions. We find that, over a five‐year period, the measurement bias associated with entry and exit is substantial, accounting for up to 10 percentage points of aggregate productivity growth.