1932

Abstract

Firm heterogeneity and the allocation of resources across firms play a key role in determining aggregate productivity. Entry barriers and misallocation can substantially impact productivity, as evidenced in recent work. This article provides a unifying theoretical framework and a review of this literature.

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/content/journals/10.1146/annurev-economics-082912-110223
2014-08-02
2024-06-13
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