NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Missing Growth from Creative Destruction

Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter J. Klenow, Huiyu Li

NBER Working Paper No. 24023
Issued in November 2017

---- Acknowledgements ----

We thank Raouf Boucekkine, Pablo Fajgelbaum, Colin Hottman and Stephen Redding for excellent discussions and Victoria De Quadros for superb research assistance. Ufuk Akcigit, Robert Feenstra, Chang-Tai Hsieh, Xavier Jaravel, Chad Jones, Per Krusell, Torsten Persson, Ben Pugsley, John Van Reenen and numerous seminar participants provided helpful comments. Opinions and conclusions herein are those of the authors and do not necessarily represent the views of the Federal Reserve System. All results have been reviewed to ensure that no confidential information from the U.S. Census Bureau or U.S. Bureau of Labor Statistics have been disclosed. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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