全球智库信息集成服务系统(G2TT): The Role of Nonemployers in Business Dynamism and Aggregate Productivity

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w25998
来源ID	Working Paper 25998
	The Role of Nonemployers in Business Dynamism and Aggregate Productivity
	Pedro Bento; Diego Restuccia
发表日期	2019-06-24
出版年	2019
语种	英语
摘要	The well-documented decline in business dynamism, measured in the literature by the net entry rate of employer firms, has been proposed as an explanation for the productivity growth slow-down in the United States. We assess the role of nonemployers, firms without paid employees, in business dynamism and aggregate productivity. Including nonemployers, the total number of firms has instead increased since the early 1980s, which in the context of a standard model of firm dynamics implies an average annual growth of aggregate productivity of 0.26%, one-quarter of the productivity growth in the data. Accounting for changes in the share of nonemployers and the firm size distribution over time, the increase in the total number of businesses implies an even higher productivity growth of 0.52% annually. The productivity growth slowdown is not due to changes in business dynamism.
主题	Macroeconomics ; Macroeconomic Models ; Development and Growth ; Development ; Growth and Productivity ; Country Studies
URL	https://www.nber.org/papers/w25998
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/583672
推荐引用方式 GB/T 7714	Pedro Bento,Diego Restuccia. The Role of Nonemployers in Business Dynamism and Aggregate Productivity. 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
w25998.pdf（787KB）	智库出版物		限制开放	CC BY-NC-SA	浏览