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Author: Miguel Casares
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Miguel Casares
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Goran Eriksson
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages :
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Author: Miguel Casares
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 9
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Author: Li Yu
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Jose Asturias
Publisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 39
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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 exit based on Hopenhayn (1992). Firms enter with efficiencies drawn from a distribution whose mean grows over time. After entering, a firm’s efficiency grows with age. In the calibrated model, reducing entry costs or barriers to technology adoption generates the pattern we document in the data. Firm turnover is crucial for rapid productivity growth.
Author: Deniz Ucbasaran
Publisher:
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Category :
Languages : en
Pages :
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Author: Lili Liu
Publisher: World Bank Publications
ISBN:
Category : Chile
Languages : en
Pages : 45
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The effects of plant turnover and learning on productivity growth are econometrically measured using a large panel of Chilean establishments covering the period 1979-86.
Author: Göran Eriksson
Publisher:
ISBN:
Category :
Languages : en
Pages : 70
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Author: Sea Jin Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 642
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