| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29333 |
| 来源ID | Working Paper 29333 |
| Creative Destruction, Distance to Frontier, and Economic Development | |
| Michael Peters; Fabrizio Zilibotti | |
| 发表日期 | 2021-10-04 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We construct a model of creative destruction with endogenous firm dynamics. We integrate the theory into a general equilibrium multi-country model of technological convergence where countries interact via international spillovers. We derive implications for both firm dynamics and aggregate productivity dynamics. In richer economies, firms are on average larger and the best firms grow larger over time. In poorer economies, there is little creative destruction, low selection, and firms remain small. We estimate the parameters of the model using firm-level data for India and the United States. We study the effect of counterfactual policy reforms. Industrial policy that selectively targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. The findings echo Acemoglu et al. (2006). |
| 主题 | Development and Growth ; Development ; Growth and Productivity |
| URL | https://www.nber.org/papers/w29333 |
| 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/587007 |
| 推荐引用方式 GB/T 7714 | Michael Peters,Fabrizio Zilibotti. Creative Destruction, Distance to Frontier, and Economic Development. 2021. |
| 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 | ||
| w29333.pdf（944KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
