important in explaining welfare losses from revenue productivity dispersion …

impact on post-entry size, survival, and productivity of startups. Consistent with our organizational capital hypothesis …

productivity across firms within narrowly defined sectors. Our hypothesis is that periods of rapid innovation are accompanied by … high rates of entry, significant experimentation and, in turn, a high degree of productivity dispersion. Following this … experimentation phase, successful innovators and adopters grow while unsuccessful innovators contract and exit yielding productivity …

reallocation depends on (a) the dispersion of idiosyncratic productivity shocks faced by businesses and (b) the marginal … marginal responsiveness of employment growth to business-level productivity has weakened. The responsiveness in the post-2000 … in the 1990s. Counterfactuals show that weakening productivity responsiveness since 2000 accounts for a significant drag …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each …

We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … on plant exit changed with increased international competition. We find that greater international competition magnifies … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the …