The Middle Productivity Trap: Dynamics of Productivity Dispersion
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Bahar, Dany. “The Middle Productivity Trap: Dynamics of Productivity Dispersion.” CID Research Fellow and Graduate Student Working Paper Series 2017.87, Harvard University, Cambridge, MA, September 2017.Abstract
Using a worldwide firm-level panel dataset I document a "U-shaped" relationship between productivity growth and baseline levels within each country and industry. That is, fast productivity growth is concentrated at both ends of the productivity distribution. This result serves as a potential explanation to two stylized facts documented in the economic literature: the rising productivity dispersion within narrowly defined sectors, and the increasing market share of few yet highly productive firms.Terms of Use
This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAACitable link to this page
https://nrs.harvard.edu/URN-3:HUL.INSTREPOS:37366608
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