Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125275 
Authors: 
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 53 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms affect many economic policies (both labor- and non-labor-oriented), on both a microeconomic and a macroeconomic scale, and are affected by them. Properly evaluating these policies requires familiarity with the sources and consequences of firm-level variation and within-industry reallocation.
Subjects: 
microdata
productivity
growth
employment
churning
misallocation
JEL: 
D2
E23
J2
L11
L2
O4
Persistent Identifier of the first edition: 
Document Type: 
Article

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