Market economies experience high rates of job creation and job destruction in almost every
time period and sector. Each year, many businesses expand and many others contract. New …

Recent theoretical models of entry predict that, in the presence of sunk costs, current market
participation is affected by prior experience. This paper quantifies the effect of prior exporting …

This paper empirically investigates the effects of liberalized trade on plant productivity in the
case of Chile. Chile presents an interesting setting to study this relationship since it …

Recent research using establishment-and firm-level data has raised a variety of conceptual
and measurement questions regarding our understanding of aggregate productivity growth …

The US retail trade sector underwent a massive restructuring and reallocation of activity in
the 1990s with accompanying technological advances. Using a data set of establishments in …

Productivity differences across firms are large and persistent, but the evidence for worker
reallocation as an important source of aggregate productivity growth is mixed. The purpose …

High rates of firm entry and exit have accompanied the rapid and sustained growth of output
in Taiwan's manufacturing sector. A high rate of firm turnover can contribute to industry …

In a sample of manufacturing firms from nine sub-Saharan African countries, large firms are
found to be extremely important. As in more developed economies, they achieve higher …

One of the most contentious issues of globalization is the effect of global economic
integration on inequality and poverty. This article documents five trends in the modern era of …

In this survey paper we consider the microeconomic evidence on investment in African
manufacturing. We analyse both the determinants of investment behaviour and the return to …