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What determines productivity dynamics at the firm level? Evidence from Spain

Stucchi, Rodolfo (2007): What determines productivity dynamics at the firm level? Evidence from Spain.

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Abstract

The current literature on firm dynamics considers the mobility of firms within the productivity distribution to be determined by exogenous random shocks. This paper evaluates human capital and learning by doing as possible factors determining the mobility once the exogenous shocks have taken place. The main contribution of the paper is to provide evidence on the endogenous mobility of firms within the productivity distribution.

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