Human capital and average firm size
Sign Up to like & getrecommendations! Published in 2021 at "Economics Letters"
DOI: 10.1016/j.econlet.2021.109920
Abstract: Abstract This note embeds an O-ring production function of Kremer (1993) into the standard Lucas (1978) model of firm size distribution. We show that an increase in the stock of human capital can raise average… read more here.
Keywords: size; average firm; firm size; human capital ... See more keywords