Firm Entry and Exit and Aggregate Growth
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https://www.nber.org/papers/w23202
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资源简介:
Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry and exit during fast-growth episodes compared to slow-growth episodes. Studies of other countries confirm this empirical relationship. We develop a model of endogenous firm entry and
提供机构:
美国国家经济研究局
创建时间:
2017-02-01



