Firm-size distribution and cross-country income differences
By: Laura Alfaro, Andrew Charlton, Fabio Kanczuk.
Contributors: Charlton, Andrew.; Kanczuk, Fabio, 1969-; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 14060; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 14060.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "We investigate, using firm level data for 79 developed and developing countries, whether differences in the allocation of resources across heterogeneous plants are a significant determinant of cross-country differences in income per worker.  For this purpose, we use a standard version of the neoclassical growth model augmented to incorporate monopolistic competition among heterogeneous firms.  For our preferred calibration, the model explains 58% of the log variance of income per worker.  This figure should be compared to the 42% success rate of the usual model"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/11/2008.

Includes bibliographical references.

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