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来源类型Working Paper
规范类型报告
DOI10.3386/w11546
来源IDWorking Paper 11546
An Empirical Model of Growth Through Product Innovation
Rasmus Lentz; Dale T. Mortensen
发表日期2005-08-08
出版年2005
语种英语
摘要Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution and growth developed by Klette and Kortum (2004). The data set is a panel of Danish firms than includes information on value added, employment, and wages. The model's fit is good and the structural parameter estimates have interesting implications for the aggregate growth rate and the contribution of worker reallocation to it.
主题Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w11546
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/569190
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GB/T 7714
Rasmus Lentz,Dale T. Mortensen. An Empirical Model of Growth Through Product Innovation. 2005.
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