Entry vs. Rents: Aggregation with Economies of Scale
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We characterize the response of aggregate output to micro shocks in disaggregated economies with entry, non-constant returns to scale, input-output linkages, and distortions. We decompose output changes into technical and allocative eciency components, and show that the latter depends on changes in
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美国国家经济研究局创建时间:
2020-05-01



