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Many studies have documented large and persistent productivity differences across producers, even within narrowly … for these differences, by proposing that demand-side features also play a role in creating the observed productivity …. Substitutability increases truncate the productivity distribution from below, resulting in higher minimum and average productivity …
Persistent link: https://www.econbiz.de/10013240661
Many studies have documented large and persistent productivity differences across producers, even within narrowly … for these differences, by proposing that demand-side features also play a role in creating the observed productivity …. Substitutability increases truncate the productivity distribution from below, resulting in higher minimum and average productivity …
Persistent link: https://www.econbiz.de/10012468192
Many studies have documented large and persistent productivity differences across producers, even within narrowly … for these differences, by proposing that demand-side features also play a role in creating the observed productivity …. Increases in substitutability truncate the productivity distribution from below, resulting in higher minimum and average …
Persistent link: https://www.econbiz.de/10014068803
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We provide a new model that generates persistent performance differences amongst seemingly similar enterprises. Our model provides a mechanism whereby efficient incumbent rivals can give permission for an inefficient firm to exist in the presence of efficient entrants. We demonstrate that, in a...
Persistent link: https://www.econbiz.de/10013047026