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This paper investigates a model of endogenous product differentiation between large well established and small newly established firms. Small firms should have greater growth potential than large mature firms whose growth potential tapers off once they reach a certain size relative to the...
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We consider policy distortions in a model where plants face idiosyncratic productivity shocks that evolve following a … productivity over time and the exit rate is exogenous to fit data generated from a model with shocks and endogenous entry, TFP …
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This paper aims at providing causal evidence on the effects of expanded imported varieties on total factor productivity …, Greenfield and Weinstein (2006) methodology. This index captures the impact of new varieties on total factor productivity within …
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