Firm Life-Cycle Dynamics and Productivity

  title={Firm Life-Cycle Dynamics and Productivity},
  author={Danny Leung C{\'e}saire and A. Meh Yaz Terajima},
  • Danny Leung Césaire, A. Meh Yaz Terajima
  • Published 2006
Total factor productivity differs greatly across countries, in particular between the U.S and Canada. We construct a general equilibrium model of firm dynamics and technological adoption to provide some rationale for this difference. We calibrate the model to Canada and use it to determine whether and how much the differences in the determinants of firm… CONTINUE READING