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
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