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This paper studies the interaction between entry barriers and idiosyncratic distortions in the context of a standard model of firm dynamics. It derives a strategy to infer entry barriers based on the combination of cross-country data on average firm size, cross-country estimates of idiosyncratic...
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productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
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SMPEs with positive taxable income increased investment, interest expense and productivity. SMPEs in taxable losses did not …
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on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD … in turn increases the purchasing power of low-income households and reduces poverty. By raising productivity, stronger …
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