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来源类型Working Paper
规范类型报告
DOI10.3386/w24968
来源IDWorking Paper 24968
On Average Establishment Size across Sectors and Countriesy
Pedro Bento; Diego Restuccia
发表日期2018-09-03
出版年2018
语种英语
摘要We construct a new dataset for the average employment size of establishments across sectors and countries from hundreds of sources. Establishments are larger in manufacturing than in services, and in each sector they are larger in richer countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. We discuss these facts in light of several prominent theories of development such as entry costs and misallocation. We then quantify the sectoral and aggregate impact of entry costs and misallocation in an otherwise standard two-sector model with endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation account for the entire range of establishment-size differences across sectors and countries and almost 50 percent of the difference in non-agricultural GDP per capita between rich and poor countries.
主题Macroeconomics ; Macroeconomic Models ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w24968
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582642
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Pedro Bento,Diego Restuccia. On Average Establishment Size across Sectors and Countriesy. 2018.
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