Guner, Nezih; Parkhomenko, Andrii; Ventura, Gustavo - 2015 - Preliminary
the U.S. and Japan. Our results show that exogenous productivity differences account for about 80% of the output gap … with output per worker across these countries. We interpret this evidence through the lens of an equilibrium span … relative contribution of exogenous productivity versus size-dependent distortions for output and plant-size differences between …