Dynamic Olley-Pakes productivity decomposition with entry and exit

We propose an extension of the Olley and Pokes (1996) productivity decomposition that accounts for the contributions of surviving, entering, and exiting firms to aggregate productivity changes. We argue that the other decompositions that break down aggregate productivity changes into similar compone...

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Bibliographic Details
Published in:The Rand journal of economics 2015-06, Vol.46 (2), p.362-375
Main Authors: Melitz, Marc J., Polanec, Sašo
Format: Article
Language:English
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