Replication data for: Establishment Size Dynamics in the Aggregate Economy
Principal Investigator(s): View help for Principal Investigator(s) Esteban Rossi-Hansberg; Mark L. J. Wright
Version: View help for Version V1
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Data_and_Description_for_ESDAE | 10/12/2019 07:59:AM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 03:59:AM |
Project Citation:
Rossi-Hansberg, Esteban, and Wright, Mark L. J. Replication data for: Establishment Size Dynamics in the Aggregate Economy. Nashville, TN: American Economic Association [publisher], 2007. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113221V1
Project Description
Summary:
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This paper presents a theory of establishment size dynamics based on the accumulation
of industry-specific human capital that simultaneously rationalizes the economy-
wide facts on establishment growth rates, exit rates, and size distributions. The
theory predicts that establishment growth and net exit rates should decline faster
with size, and that the establishment size distribution should have thinner tails, in
sectors that use specific human capital less intensively. We establish that there is
substantial cross-sector heterogeneity in US establishment size dynamics and distributions,
which is well explained by relative factor intensities. (JEL L11 , L16, L25).
Scope of Project
JEL Classification:
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L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L16 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
L25 Firm Performance: Size, Diversification, and Scope
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L16 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
L25 Firm Performance: Size, Diversification, and Scope
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