| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25550 |
| 来源ID | Working Paper 25550 |
| Job creation in Colombia vs the U.S.: \u201cup or out dynamics\u201d meets \u201cthe life cycle of plants\u201d. | |
| Marcela Eslava; John C. Haltiwanger; Alvaro Pinzón | |
| 发表日期 | 2019-02-18 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | There is growing consensus that a key difference between the U.S. and developing economies is that the latter exhibit slower employment growth over the life cycle of the average business. At the same time, the rapid post entry growth in the U.S. is driven by an “up or out dynamic”. We track manufacturing establishments in Colombia vs. the US and find that slower average life cycle growth in Colombia is driven by a less enthusiastic contribution of extraordinary growth plants and less dynamic selection of young underperforming plants. As a consequence, the size distribution of non-micro plants exhibits more concentration in small-old plants in Colombia, both in unweighted and employment-weighted bases. These findings point to a shortage of high-growth entrepreneurship and a relatively high likelihood of long-run survival for small, likely unproductive plants, as two key elements at the heart of the development problem. An extreme concentration of resources in micro plants is the other distinguishing feature of the Colombian manufacturing sector vis a vis the US. |
| 主题 | Development and Growth ; Development ; Growth and Productivity |
| URL | https://www.nber.org/papers/w25550 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583224 |
| 推荐引用方式 GB/T 7714 | Marcela Eslava,John C. Haltiwanger,Alvaro Pinzón. Job creation in Colombia vs the U.S.: \u201cup or out dynamics\u201d meets \u201cthe life cycle of plants\u201d.. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25550.pdf（911KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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