Discussion Paper

The Geography of Small Business Dynamics


Abstract: Business dynamism is a micro-foundation for economic growth. Productivity gains come from a reallocation of resources from less efficient to more efficient firms, often through entry of new firms and exit of existing firms.

https://doi.org/10.17016/2380-7172.2580

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2020-05-28

Number: 2020-05-28-2