The Firm Size Distribution across Countries and Skill-Biased Change in Entrepreneurial Technology

• 成果类型: Article
• 署名作者: Poschke, Markus
• 署名单位: McGill University; Universite de Montreal; IZA Institute Labor Economics
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MACROECONOMICS
• ISSN/ISSBN: 1945-7707
• DOI: 10.1257/mac.20140181
• 发表日期: 2018
• 页码: 1-41
• 关键词: penn world table; self-employment; occupational choice; medium enterprises; economic-development; Market frictions; UNITED-STATES; labor share; PRODUCTIVITY; GROWTH

摘要

Development is associated with systematic changes in the firm size distribution. I document that the mean and dispersion of firm size are larger in rich countries, and increased over time for US firms. To analyze the firm size-development link, I construct a frictionless general equilibrium model of occupational choice with skill-biased change in entrepreneurial technology (i.e., technical progress favors better entrepreneurs). The model accounts for key aspects of the US experience with only changes in aggregate technology. It attributes half the variation in mean and dispersion of firm size across countries to technical change. Distortions also affect the size distribution.