I’m not totally sure I’m parsing this sentence correctly. Just to clarify, “large firm variation in productivity” means “large variation in the productivity of firms” rather than “variation in the productivity of large firms”, right?
Also, the second part is saying that on average there is productivity growth across firms, because the productive firms expand more than the less productive firms, yes?
I’m not totally sure I’m parsing this sentence correctly. Just to clarify, “large firm variation in productivity” means “large variation in the productivity of firms” rather than “variation in the productivity of large firms”, right?
Also, the second part is saying that on average there is productivity growth across firms, because the productive firms expand more than the less productive firms, yes?