The Rise of Star Firms : Intangible Capital and Competition
There is a divergence in the returns of top-performing firms and the rest of the economy, especially in industries that rely on a skilled labor force, raising concerns about their market power. This paper shows that the divergence is explained by t...
Main Authors: | Ayyagari, Meghana, Demirguc-Kunt, Asli, Maksimovic, Vojislav |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2019
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/957151556541265334/The-Rise-of-Star-Firms-Intangible-Capital-and-Competition http://hdl.handle.net/10986/31597 |
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