and detailed measures of the utilization of labor and capital from a large representative sample of firms in rural and … urban Kenya, we show that utilization is increasing in firm size, market access, and economic activity. We present a model …, predicting a large real multiplier of 1.5, driven by expansion in low-utilization sectors and firms, and limited average price …

rates generates dynamics between growth and distribution that results in a long-run variation in the capacity utilization … rate. The model developed here generates oscillations in the rate of capacity utilization in the short run before settling … down to its long-run value. Furthermore, the long-run value of the rate of capacity utilization falls within a range of …