Hsieh, Chang-Tai; Klenow, Peter J. - In: The Quarterly Journal of Economics 129 (2014) 3, pp. 1035-1084
In the United States, the average 40-year-old plant employs more than seven times as many workers as the typical plant 5 years or younger. In contrast, surviving plants in India and Mexico exhibit much slower growth, roughly doubling in size over the same age range. The divergence in plant...