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The dynamics of development : innovation and reallocation (English)

Abstract

This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration episodes triggered by reforms. The authors find that reforms removing barriers to firm entry lead to persistent growth in TFP and declining... See More +

Details

  • Buera, Francisco J.; Fattal Jaef, Roberto N.;
  • 2018/06/29 22:50:05
  • Policy Research Working Paper
  • WPS8505
  • 1
  • 1
  • Chile
  • Latin America & Caribbean
  • 2018/06/29 22:45:53
  • Disclosed
  • The dynamics of development : innovation and reallocation
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