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Posts by Fabrizio Zilibotti

Creative destruction and catch-up growth in India

In this post, Peters and Zilibotti compare the size of firms in India and the US, and find that the 90% of firms in India have four employees or less, and attribute it to the absence of creative destr...

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India’s service-led economic growth

Structural transformation that involves a shift from agriculture straight to services, is a cause of concern to many scholars as an expanding service sector might be a pale substitute to technical pro...

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