Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands
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We are grateful to Christopher Baum, Björn Brügemann, Masahisa Fujita, Kyoji Fukao, Michihiro Kandori, Bas van der Klaauw, José Luis Moraga-González, Masayuki Morikawa, Mark Schaffer, Ayumu Tanaka and other participants at various conferences and seminars for helpful comments and suggestions. The analysis using the French firm-level data was conducted at “Centre de Recherche en Économie et Statistique” (CREST) and the one using the Japanese firm-level data at the Research Institute of Economy, Trade and Industry (RIETI). The authors would like to thank Statistics Netherlands for providing the Dutch data. Kiyota acknowledges financial support from the Japan Society for the Promotion of Science (Grant-in-aid A-22243023). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.