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