Creative destruction and firm-specific performance heterogeneity /
Traditional U.S. industries with higher firm-specific stock return and fundamentals performance heterogeneity use information technology (IT) more intensively and post faster productivity growth in the late 20th century. We argue that elevated firm performance heterogeneity mechanically reflects a w...
Corporate Author: | National Bureau of Economic Research |
---|---|
Other Authors: | Chun, Hyunbae |
Format: | Book |
Language: | English |
Published: |
Cambridge, Mass. :
National Bureau of Economic Research,
2007
|
Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. XXXX |
Subjects: |
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