On average establishment size across sectors and countries

• 成果类型: Article
• 署名作者: Bento, Pedro; Restuccia, Diego
• 署名单位: Texas A&M University System; Texas A&M University College Station; University of Toronto
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/j.jmoneco.2020.01.001
• 发表日期: 2021
• 关键词: Establishment-size; services; distortions; PRODUCTIVITY

摘要

A new dataset for the average employment size of establishments across sectors and countries is constructed from hundreds of sources. Establishments are larger in manufacturing than in services and in each sector larger in richer countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. A two-sector model with endogenous firm entry, firm-level productivity, and measures of the correlation of wedges with productivity across firms in the data can account for the entire range of establishment size differences and almost 50 percent of the difference in non-agricultural GDP per capita between rich and poor countries. (C) 2020 Elsevier B.V. All rights reserved.