Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown
نویسندگان
چکیده
منابع مشابه
Declining Dynamism, Allocative Efficiency, and the Productivity Slowdown
A large literature documents declining measures of business dynamism including high-growth young firm activity and job reallocation. A distinct literature describes a slowdown in the pace of aggregate labor productivity growth. We relate these patterns by studying changes in productivity growth from the late 1990s to the mid 2000s using firm-level data. We find that diminished allocative effici...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2017
ISSN: 0002-8282
DOI: 10.1257/aer.p20171020