On Average Establishment Size Across Sectors and Countriesy
On Average Establishment Size Across Sectors and Countriesy
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DOI:
10.1016/j.jmoneco.2020.01.001
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发表时间:
2018-08
期刊:
影响因子:
--
通讯作者:
Pedro H S Bento;Diego Restuccia
中科院分区:
文献类型:
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作者:
Pedro H S Bento;Diego Restuccia
A new dataset for the average employment size of establishments across sectors and countries is constructed from hundreds of sources. Establishments are larger in manufacturing than in services and in each sector larger in richer countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. A two-sector model with endogenous firm entry, firm-level productivity, and measures of the correlation of wedges with productivity across firms in the data can account for the entire range of establishment size differences and almost 50 percent of the difference in non-agricultural GDP per capita between rich and poor countries.