Firm Microstructure and Aggregate Productivity

被引:6
|
作者
Hopenhayn, Hugo A. [1 ,2 ]
机构
[1] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90024 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
关键词
firm size distribution; aggregate productivity; GENERAL EQUILIBRIUM-ANALYSIS; STATES MANUFACTURING SECTOR; SIZE DISTRIBUTION; INDUSTRIAL-ORGANIZATION; INTERNATIONAL-TRADE; BUSINESS FIRMS; GROWTH; ENTRY; TURNOVER; DYNAMICS;
D O I
10.1111/j.1538-4616.2011.00412.x
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Models of firm microstructure are becoming now a standard building block in macroeconomics, trade, and development. This literature builds on the recognition that firm heterogeneity and the allocation of resources across firms plays a key role in determining aggregate productivity and the gains from trade. Barriers to the efficient allocation of resources across firms have been recently recognized to play a key role in economic development. This paper focuses on this methodological contribution, the link between firm microstructure and economic aggregates.
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页码:111 / 145
页数:35
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