Bergoeing, Raphael; Loayza, Norman; Repetto, Andrea - Centro de Economía Aplicada, Universidad de Chile - 2004
-crisis trend, others stagnate. Recent studies provide empirical support for a link between aggregate growth and plant dynamics … model with heterogeneous firms to study the effect on aggregate short-run growth of policies that distort the process of … birth, growth and death of firms, as well as the reallocation of resources across economic units. Our findings show that …