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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16570 |
DP16570 Barriers to Creative Destruction: Large Firms and Non-Productive Strategies | |
Salome Baslandze | |
发表日期 | 2021-09-21 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This chapter reviews recent empirical evidence on large firms and non-productive strategies that hinder creative destruction and reallocation. The focus is on three types of non-productive strategies: political connections, non-productive patenting, and anti-competitive acquisitions. Across different contexts using granular micro data sets, we overwhelmingly see that as firms gain market shares, they rely more on non-productive strategies but reduce their productive, innovation-based strategies. I discuss theoretical channels, aggregate implications, and potentials for some policies. |
主题 | Macroeconomics and Growth |
URL | https://cepr.org/publications/dp16570 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545521 |
推荐引用方式 GB/T 7714 | Salome Baslandze. DP16570 Barriers to Creative Destruction: Large Firms and Non-Productive Strategies. 2021. |
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