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In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only increase as a consequence of increasing within-firm...
Persistent link: https://www.econbiz.de/10010494444
purely region/local market specific attributes. Second, we extend the estimation of the demand side and partly use it as … to instrument station density, used in classical price estimation models, (partly) with demand factors. We find that …
Persistent link: https://www.econbiz.de/10010494489