Chafwehé, Boris (contributor); Colciago, Andrea (contributor) - European Central Bank - 2024
increase in fossil fuel prices on sectoral size, labor productivity, and inflation. A hike in the price of fossil resources … display higher idiosyncratic productivity. While this process enhances average labor productivity, it also results in a … cost in terms of output and lower average productivity, but leads to a faster recovery in business dynamism. Thus, our …