Publications


April 20, 2023

A simulation of energy prices and corporate profits

Firms have absorbed the higher costs for gas and electricity with energy savings and price increases for customers. The higher energy prices are expected to lead to only a limited number of additional loss-making firms.

A simulation of energy prices and corporate profits
April 17, 2023

National Productivity Board 2022 annual report

The dip in productivity growth in 2020 was followed by a strong recovery in 2021. As in most years, the growth in labour productivity in 2021 is mainly driven by the growth in Total Factor Productivity (TFP)....

July 12, 2022

Saffier 3.0: Estimation results

This technical document supplements the general documentation of the macromodel Saffier 3.0....

December 22, 2021

Saffier 3.0: Technical Background

This paper documents the Saffier 3.0 model that is used for making macroeconomic projections and assessing the responses to fiscal policy changes in the short and medium run. This dual purpose of the model brings with...

Photo of an abacus and the code of the model
December 13, 2021

National Productivity Board 2021 annual report

Productivity growth has been declining for several decades; not only in the Netherlands but in many European countries. During the corona pandemic, productivity growth has dropped even more....

September 28, 2021

Analysis of The Covid-19 pandemic support policy 2020 with company data

This research shows that the support policy in 2020 has kept firms afloat, thereby preserving jobs. This was at the expense of economic dynamics. Most support has ended up in industries hardest hit by the lockdown, such...

Corona
August 10, 2021

The contribution of business dynamics to productivity growth in the Netherlands

This paper analyses the declining firm dynamism in the Netherlands, which may explain part of the slowdown in productivity growth. We use a rich microdata set including nearly all corporations in the Netherlands during...

Work on machines
February 18, 2020

Markups in a dual labour market: the case of the Netherlands

We follow the production function approach to assess markups, which requires the estimation of the output elasticity of a free input. In the basic setup we estimate a structural value added production function, using...

March 18, 2019

Estimating Markups in the Netherlands

In this study we analyse the dynamics of firm markups at a national level in the Netherlands. This document is a technical report that describes the literature review, data, methodology and results used in Meijerink et...

July 2, 2018

Frontier firms and followers in the Netherlands: estimating productivity and identifying the frontier

This study shows that constructing a large dataset, which sufficiently covers all firm sizes, is a prerequisite for studying the divergence hypothesis. We merge datasets of individual firm and employee data in the years 20062015 for the Netherlands, resulting in a representative sample of corporations. We find no evidence of diverging productivity between firms on the national frontier and laggard firms.