consequences of changing firm concentration: productivity, distortions, selection into exporting, scale economies, and … firms is attributable to higher productivity growth rather than differential distortions. Exceptional performance of the top …

-house confers a sector-neutral productivity advantage facilitating within-firm structural transformation. Consistent with the model …

of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in … services have also grown significantly in terms of both value-added share and productivity. The results are robust to different …

Compared to a half-century ago, inequality in the United states has risen and measured productivity growth has fallen …-homothetic preferences and productivity improvements directed toward goods with larger market size. The model admits balanced growth despite … measured growth of output and productivity. Nevertheless, welfare improves at the same rate along both BGPs. At the root of the …