What Does Productivity Dispersion Tell -- And Not Tell -- You?

John Haltiwanger is a Professor of Economics at University of Maryland. Professor Haltiwanger was interviewed by the JKP on March 13, 2012.

There is a great deal of variation in how efficiently different firms make the same products. This pattern is found in all countries. Professor Haltiwanger addresses what this dispersion in productivity implies -- for opportunities to create jobs and to improve productivity.