Aoki, Masanao; Yoshikawa, Hiroshi - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-37, pp. 1-9
is equal across firms and industries. However, productivity dispersion is widely observed in the real economy. Search … observed pattern of productivity dispersion. Non-self-averaging, a concept little known to economists, plays the major role …