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Record W3125529544

Firm Learning and Growth

2015· preprint· en· W3125529544 on OpenAlexaff
Costas Arkolakis, Theodore Papageorgiou, Olga A. Timoshenko

Bibliographic record

VenueRePEc: Research Papers in Economics · 2015
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicFirm Innovation and Growth
Canadian institutionsMcGill University
Fundersnot available
KeywordsWelfareProductivityEconomicsSubsidyMatching (statistics)Growth modelGeneral equilibrium theoryMicroeconomicsLearning-by-doingEconometricsIndustrial organizationMacroeconomicsProduction (economics)MathematicsStatistics
DOInot available

Abstract

fetched live from OpenAlex

We study the implications of introducing learning (Jovanovic, 1982) in a standard monopolistically competitive environment with firm productivity heterogeneity, a ́ la Melitz (2003). The model predicts that firm growth rates decrease with age, hold-ing size constant, and decrease with size, holding age constant, a fact that models focusing on idiosyncratic productivity shocks have difficulty matching. We calibrate the model using Colombian plant-level data and find that it matches growth and survival patterns well. Unlike the canonical Melitz (2003) model or the Jovanovic (1982) model our economy is not efficient. Subsidies to the fixed costs of young firms can be welfare enhancing: they allow young firms to avoid early exit and thus, benefit consumers through access to a larger number of varieties.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.007
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.010
Threshold uncertainty score0.024

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.007
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.001
Science and technology studies0.0010.001
Scholarly communication0.0030.003
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0070.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.062
GPT teacher head0.303
Teacher spread0.241 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations9
Published2015
Admission routes1
Has abstractyes

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Same venueRePEc: Research Papers in EconomicsSame topicFirm Innovation and GrowthFrench-language works237,207