Physical productivity of new firms: it is not as high as it appears
This paper argues that the physical productivity of new firms is not as high as it is measured with conventional approaches. The overestimation is due to two reasons, both of which are related to the underestimation of production inputs of new firms. On the extensive margin, while conventional appro...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |