进入壁垒、特质扭曲与企业规模分布

IF 6.3 1区经济学 Q1 ECONOMICS

American Economic Journal-Macroeconomics Pub Date : 2022-04-01 DOI:10.1257/mac.20200234

Roberto N. Fattal-Jaef

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引用次数: 0

摘要

本文在企业动力学的标准模型中研究了企业进入壁垒与配置效率扭曲之间的相互作用。我们根据企业规模分布和特质扭曲的跨国差异，推导出一种推断进入壁垒的策略。推断出的障碍类似于发达经济体中基于监管的指标，但在中低收入国家要高得多。基于监管的指标无法解释平均企业规模的跨国差异，并且平均低估了取消这些限制所带来的总生产率提高高达8%。(凝胶d21, d24, h25, l11, l60)

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Entry Barriers, Idiosyncratic Distortions, and the Firm Size Distribution

This paper studies the interaction between barriers to firm entry and distortions to allocative efficiency in a standard model of firm dynamics. We derive a strategy to infer entry barriers based on cross-country differences in the firm size distribution and idiosyncratic distortions. The inferred barriers resemble regulation-based indicators in advanced economies but are substantially higher in middle- and low-income countries. Regulation-based indicators cannot account for cross-country differences in average firm size and underestimate the aggregate productivity gains associated with their removal by up to 8 percent on average. (JEL D21, D24, H25, L11, L60)

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来源期刊

American Economic Journal-Macroeconomics ECONOMICS-

CiteScore

8.20

自引率

1.70%

发文量

期刊介绍： American Economic Journal: Macroeconomics focuses on studies of aggregate fluctuations and growth, and the role of policy in that context. Such studies often borrow from and interact with research in other fields, such as monetary theory, industrial organization, finance, labor economics, political economy, public finance, international economics, and development economics. To the extent that they make a contribution to macroeconomics, papers in these fields are also welcome.