The Geography of Small Business Dynamics

Simon Firestone

No 2020-05-28-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Business dynamism is a micro-foundation for economic growth. Productivity gains come from a reallocation of resources from less efficient to more efficient firms, often through entry of new firms and exit of existing firms.

Date: 2020-05-28
New Economics Papers: this item is included in nep-bec, nep-ent and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-05-28-2

DOI: 10.17016/2380-7172.2580

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