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general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation … boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods? … general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation …
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We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...
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Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...
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We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
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