FIRM DYNAMICS AND GROWTH MEASUREMENT IN FRANCE

成果类型:
Article
署名作者:
Aghion, Philippe; Bergeaud, Antonin; Boppart, Timo; Bunel, Simon
署名单位:
Universite PSL; College de France; University of London; London School Economics & Political Science; European Central Bank; Bank of France; Stockholm University
刊物名称:
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN:
1542-4766
DOI:
10.1093/jeea/jvy031
发表日期:
2018
页码:
933-956
关键词:
摘要:
In this paper we use the same methodology as Aghion et al. (2017a) to compute missing growth estimates from creative destruction in France. We find that from 2004 to 2015, about 0.5 percentage point of real output growth per year is missed by the statistical office, which is about the same as what was found in the United States. We look at how missing growth varies across French sectors and regions, and we look at the underlying establishment and firm dynamics. In particular we show that the similar missing growth estimates between France and the United States hide noticeable differences in plant dynamics between the two countries. (JEL: O4)
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