Entry, Exit, and Economic Growth
Author : Miguel Casares
Publisher :
Page : pages
File Size : 50,22 MB
Release : 2014
Category :
ISBN :
Author : Miguel Casares
Publisher :
Page : pages
File Size : 50,22 MB
Release : 2014
Category :
ISBN :
Author :
Publisher :
Page : pages
File Size : 43,82 MB
Release : 2000
Category :
ISBN :
Author : Goran Eriksson
Publisher :
Page : pages
File Size : 21,32 MB
Release : 1981
Category : Corporations
ISBN :
Author : Miguel Casares
Publisher :
Page : 9 pages
File Size : 18,86 MB
Release : 2014
Category : Economic development
ISBN :
Author : Li Yu
Publisher :
Page : pages
File Size : 25,90 MB
Release : 2009
Category :
ISBN :
Author : Jose Asturias
Publisher :
Page : 39 pages
File Size : 36,71 MB
Release : 2017
Category : Industrial organization (Economic theory)
ISBN :
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 :
Page : pages
File Size : 49,18 MB
Release : 2006
Category :
ISBN :
Author : Lili Liu
Publisher : World Bank Publications
Page : 45 pages
File Size : 12,70 MB
Release : 1991
Category : Chile
ISBN :
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 :
Page : 70 pages
File Size : 36,6 MB
Release : 1985
Category :
ISBN :
Author : Sea Jin Chang
Publisher :
Page : 642 pages
File Size : 27,62 MB
Release : 1992
Category :
ISBN :