A structural model of firm and industry evolution: Evidence from Chile

Audretsch, 1995 Bergoeing, 2005 Caves, 1998, Industrial organization and new findings on the turnover and mobility of firms, Journal of Economic Literature, 36, 1947 Cooley, 2001, Financial markets and firm dynamics, American Economic Review, 91, 1287, 10.1257/aer.91.5.1286 Dunne, 1988, Patterns of firm entry and exit in U.S. manufacturing industries, Rand Journal of Economics, 19, 495, 10.2307/2555454 Ericson, 1995, Markov perfect industry dynamics: a framework for empirical work, Review of Economic Studies, 62, 53, 10.2307/2297841 Evans, 1987, The relationship between firm growth, size and age: estimates for 100 manufacturing industries, Journal of Industrial Economics, 35, 567, 10.2307/2098588 Evans, 1987, Tests of alternative theories of firm growth, Journal of Political Economy, 95, 657, 10.1086/261480 Geroski, 1995, What do we know about entry?, International Journal of Industrial Organization, 13, 421, 10.1016/0167-7187(95)00498-X Goldberg, 2010, Multi-product firms and product turnover in the developing world: evidence from india, Review of Economics and Statistics, 92, 1042, 10.1162/REST_a_00047 Grossman, 1991 Hopenhayn, 1992, Entry, exit and firm dynamics in long run equilibrium, Econometrica, 60, 1127, 10.2307/2951541 Horowitz, 2001, The Bootstrap, vol. 5, 3159 Hsieh, 2007, Taxes and growth in a financially underdeveloped country: evidence from the chilean investment boom, Economia, 8, 121 Ijiri, 1964, Business firm growth and size, American Economic Review, 54, 77 Ijiri, 1977 Jovanovic, 1982, Selection and the evolution of industry, Econometrica, 50, 649, 10.2307/1912606 Klepper, 1996, Entry, exit, growth and innovation over the product life cycle, American Economic Review, 86, 562 Klepper, 2007, Submarkets and the evolution of market structure, Rand Journal of Economics, 34, 862 Klette, 2002 Klette, 2004, Innovating firms and aggregate innovation, Journal of Political Economy, 112, 986, 10.1086/422563 Lentz, 2005, Productivity growth and worker reallocation, International Economic Review, 46, 731, 10.1111/j.1468-2354.2005.00344.x Lentz, 2008, An empirical model of growth through product innovation, Econometrica, 76, 1317, 10.3982/ECTA5997 Lucas, 1978, On the size distribution of business firms, Bell Journal of Economics, 9, 508, 10.2307/3003596 Luttmer, 2007, Selection, growth and the size distribution of firms, Quarterly Journal of Economics, 122, 1103, 10.1162/qjec.122.3.1103 Luttmer, 2011, On the mechanics of firm growth, Review of Economic Studies, 78, 1042, 10.1093/restud/rdq028 Melitz, 2003, The impact of trade on intra-industry reallocation and aggregate industry productivity, Econometrica, 71, 1695, 10.1111/1468-0262.00467 Rossi-Hansberg, 2007, Establishment size dynamics in the aggregate economy, American Economic Review, 97, 1639, 10.1257/aer.97.5.1639 Simon, 1958, The size distribution of business firms, American Economic Review, 98, 607 Sutton, 1997, Gibrat's legacy, Journal of Economic Literature, 35, 40 Sutton, 2002, The variance of firm growth rates: the scaling puzzle, Physica A, 312, 577, 10.1016/S0378-4371(02)00852-X Sutton, 2007, Market share dynamics and the “persistence of leadership” debate, American Economic Review, 97, 222, 10.1257/aer.97.1.222 Stanley, 1996, Scaling behavior in the growth of companies, Nature, 319, 804, 10.1038/379804a0 Şeker, 2006