Firm Size and Development

被引:0
|
作者
Hopenhayn, Hugo A. [1 ]
机构
[1] Univ Calif Los Angeles, Los Angeles, CA 90024 USA
关键词
aggregate productivity; firm size distribution; firm dynamics; misallocation;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Firm size increases with GDP per capita. The paper develops a simple framework to explore three alternative sources of variation that may explain this correlation: (1) excessive entry; (2) differences in the distribution of firm productivities; and (3) differences in returns to scale. The results show that all these sources of variation lead to substantial differences in firm size. GDP per capita is also significantly affected, but by an order of magnitude less.
引用
收藏
页码:27 / 49
页数:23
相关论文
共 50 条
  • [31] Firm Listing Status, Firm Size, and the Financing of Investment
    Le, Mathias
    Vinas, Frederic
    REVIEW OF CORPORATE FINANCE STUDIES, 2022,
  • [32] Cyclical Job Ladders by Firm Size and Firm Wage
    Haltiwanger, John C.
    Hyatt, Henry R.
    Kahn, Lisa B.
    McEntarfer, Erika
    AMERICAN ECONOMIC JOURNAL-MACROECONOMICS, 2018, 10 (02) : 52 - 85
  • [33] Is the Size Premium Really Driven by Firm Size?
    Chen, Zhiyao
    Li, Jun
    Wang, Huijun
    JOURNAL OF INVESTING, 2021, 30 (05): : 127 - 143
  • [34] Market size, firm size and reputation for quality
    Fishman, Arthur
    Jelnov, Artyom
    ECONOMICS LETTERS, 2025, 248
  • [35] Firm size affecting efficiency of production and commercialization of knowledge: embedded in cluster development
    Li, Yawen
    Zhong, Zhou
    Guan, Jiancheng
    Zhou, Jinyi
    Li, Jizhen
    ASIAN JOURNAL OF TECHNOLOGY INNOVATION, 2020, 28 (01) : 94 - 118
  • [36] FIRM SIZE AND IN-HOUSE RESEARCH-AND-DEVELOPMENT - THE INDIAN EXPERIENCE REVISITED
    NATH, P
    DEVELOPING ECONOMIES, 1993, 31 (03): : 329 - 344
  • [37] Development of interfirm network management activities: The impact of industry, firm age and size
    Ripolles, Maria
    Blesa, Andreu
    JOURNAL OF MANAGEMENT & ORGANIZATION, 2016, 22 (02) : 186 - 204
  • [38] Assessing the sustainable development of firms: The moderating role of transformational leadership and firm size
    Rehman, Nabeel
    Majeed, Nauman
    Javaid, Muhammad Umair
    Arooj, Azhar
    BUSINESS STRATEGY AND DEVELOPMENT, 2023, 6 (04): : 957 - 971
  • [39] Intellectual capital and innovativeness in software development firms: the moderating role of firm size
    Tarus, Daniel
    Sitienei, Emmanuel
    JOURNAL OF AFRICAN BUSINESS, 2015, 16 (1-2) : 48 - 65
  • [40] Does firm size matter anymore? The new economy and firm size wage effects
    Hollister, MN
    AMERICAN SOCIOLOGICAL REVIEW, 2004, 69 (05) : 659 - 676