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.
File(s): File format is text/html https://www.federalreserve.gov//econres/notes/feds-notes/the-geography-of-small-business-dynamics-20200528.htm
Part of Series: FEDS Notes
Publication Date: 2020-05-28