Uras, Burak R.; Wang, P. - Tilburg University, Center for Economic Research - 2014
allowing firms to differ in technology scales,capital constraints and technique limitations, we illustrate an amplification of … the detrimental effects of technique limitations by production flexibility. We apply the structure to studying, both … theoretically and quantitatively, the consequences of capital and technique misallocation across firms for theTFP and the interplay …