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    • Innovation, Reallocation and Growth 

      Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, William Robert (2013-05-21)
      We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative ...