Hsieh, Chang-Tai; Klenow, Peter J. - National Bureau of Economic Research (NBER) - 2012
In the U.S., the average 40 year old plant employs almost eight times as many workers as the typical plant five years or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is intermediate to India and the U.S. in these respects:...