Peter J. Klenow
Stanford University
118 Papers
2.7K Citations
Peter J. Klenow is an academic researcher from Stanford University. The author has contributed to research in topics: Productivity & Consumption (economics). The author has an hindex of 50, co-authored 109 publications. Previous affiliations of Peter J. Klenow include University of Chicago & National Bureau of Economic Research.
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Papers
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Misallocation and Manufacturing TFP in China and India
Chang-Tai Hsieh,Peter J. Klenow +1 more
TL;DR: This article used micro data on manufacturing establishments to quantify the potential extent of misallocation in China and India compared to the U.S. They measured sizable gaps in marginal products of labor and capital across plants within narrowly-defined industries in both countries.
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Does Schooling Cause Growth
Mark Bils,Peter J. Klenow +1 more
TL;DR: In this paper, a model is examined in which the ability to build on the human capital of one's elders plays an important role in linking growth to schooling, and it is shown that the impact of schooling on growth explains less than one third of the empirical cross-country relationship.
The Variety and Quality of a Nation's Exports
David Hummels,Peter J. Klenow +1 more
TL;DR: The authors found that the extensive margin accounts for around 60 percent of the greater exports of larger economies and that richer countries export higher quantities at modestly higher prices, while small economies export more in absolute terms than do small economies.
Misallocation and Manufacturing TFP in China and India
Chang-Tai Hsieh,Peter J. Klenow +1 more
TL;DR: This paper measured sizable gaps in marginal products of labor and capital across plants within narrowly defined industries in China and India compared with the United States, and calculated manufacturing TFP gains of 30%-50% in China, and 40%-60% in India.
The Neoclassical Revival in Growth Economics: Has It Gone Too Far?
TL;DR: The authors find that productivity differences are the dominant source of the large international dispersion in levels and growth rates of output per worker, and conclude that although models that focus on physical and human capital are clearly important, research needs to be re-focused on explaining the causes of productivity differences across countries.