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Bibframe Work

Title
An empirical model of growth through product innovation empirical model of growth through product innovation
Type
Text
Subject
Technological innovations--Economic aspects--Denmark--Econometric models.
Industrial productivity--Denmark--Econometric models.
Equilibrium (Economics)--Mathematical models.
Genre Form
electronic resource
Language
English
Classification
LCC: HD5701 (Source: dlc)
Identified By
Lccn: 2005618564
Summary
"Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution and growth developed by Klette and Kortum (2004). The data set is a panel of Danish firms than includes information on value added, employment, and wages. The model's fit is good and the structural parameter estimates have interesting implications for the aggregate growth rate and the contribution of worker reallocation to it"--Forschungsinstitut zur Zukunft der Arbeit web site.
Authorized Access Point
Lentz, Rasmus. empirical model of growth through product innovation
Authorized Access Point Variant
Mortensen, Dale. empirical model of growth through product innovation