Technology, demand, and the size distribution of firms
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand; in particular, for a large family (including Pareto, log-normal, and Fréchet), the distributions of productivity and output are the same if and only if demand...
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| Format: | Working paper |
| Udgivet: |
University of Oxford
2015
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