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首页> 外文期刊>Journal of Medical Entomology >The impact of the 2008 financial crisis on dynamic productivity growth of the Spanish food manufacturing industry. An impulse response analysis
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The impact of the 2008 financial crisis on dynamic productivity growth of the Spanish food manufacturing industry. An impulse response analysis

机译:2008年金融危机对西班牙食品制造业动态生产力增长的影响。 脉冲响应分析

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The emergence of a financial crisis is an event that can impact the fortunes of nearly all economic agents. The focus here is on the 2008 financial crisis and how firms' productivity growth was impacted by this crisis in the years that followed. This article focuses on dynamic productivity growth and its components using a firm-level data set of Spanish meat processing, dairy processing, and oils and fats firms. The impulse response analysis shows that the impact of the crisis on dynamic productivity growth is negative and persistent in the oils and fats industry, initially positive but then negative in the meat processing industry, and positive in the dairy processing industry. The observed magnitudes of change in indicator are between 2% and 5% for oils and fats industries, and of 1% in both dairy and meat industries. Our analysis further confirms that firms' size is an important factor in explaining how crisis impacts dynamic productivity growth and its components, while we find only slight evidence regarding the firms' experience in the market.
机译:金融危机的出现是一个可能影响几乎所有经济代理商的财富。这里的重点是2008年金融危机以及公司在随后的岁月中如何影响该危机的生产力增长。本文侧重于使用西班牙肉类加工,乳制品加工和油脂和脂肪公司的坚固级数据集的动态生产力增长及其组件。脉冲响应分析表明,危机对动态生产率的影响是油脂行业的负面且持久性,最初是碳化工业中的阳性,但在乳制品加工行业中积极阳性。在乳制品和肉类工业中,指示剂的观察室变化的变化幅度为2%和5%,达到1%。我们的分析进一步证实,公司的规模是解释危机如何影响动态生产力的增长及其组成部分的重要因素,同时我们发现了有关公司在市场经验的略有证据。

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