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Entry vs. Rents: Aggregation with Economies of Scale

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NBER2020-05-01 更新2025-01-04 收录
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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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2020-05-01
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