Growth, Firm Scale, and the Energy Intensity of Production
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We uncover a new mechanism that links growth and a decline in the energy intensity of production, observed globally since 1990. Using microdata from India and a causal research design, we demonstrate that the expenditure share of energy declines steeply with firm scale, due both to physical scaling
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美国国家经济研究局创建时间：
2026-07-01
