Bergoeing, Raphael; Piguillem, Facundo - In: Revista de Analisis Economico – Economic Analysis Review 18 (2003) 2, pp. 3-32
The recent empirical evidence shows that plant level dynamics are relevant to explain economic growth. The reallocation of resources across incumbent plants, and the process of entry and exit of plants account for a quantitatively relevant fraction of changes in total factor productivity;...