Journal Article
Why income per worker differs worldwide
Abstract: A higher entry cost distorts the industry structure and the allocation of productive factors across firms, which results in lower total factor productivity and output per worker.
Keywords: Income distribution; Productivity; Income;
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/10/ES1007.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2010
Order Number: 7