The Dynamics of Development : Innovation and Reallocation
This paper proposes a quantitative model of endogenous firm dynamics to study growth acceleration episodes triggered by reforms. It finds that reversals of entry distortions lead to persistent growth in TFP and declining average firm size, as in the experience of successful post-communist transi...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/273571530327069374/The-dynamics-of-development-innovation-and-reallocation http://hdl.handle.net/10986/29978 |