Firm Entry, Excess Capacity and Endogenous Productivity (2020) with Huw Dixon
Labor Responses, Regulation and Business Churn (2020) with Marta Aloi and Huw Dixon
Firm entry has opposing effects on measured TFP through two channels: endogenous markups and economic profits.
Revenue Elasticities and Macroeconomic Dynamics (2021) (with Daisoon Kim)
Firm-level revenue elasticity measures are declining in the US which implies weaker propagation of firm-level productivity shocks.
Product Market Concentration and Productivity in the UK (with Oluwaseun Aguda, Yannis Galanakis, Kyung In Hwang)
Data analysis web app: https://asavagar.shinyapps.io/UK-market-structure/
Market Power and TFP in the UK (with Kyung In Hwang)
Policy Papers & Notes
UK COVID-19 Firm Creation Project (below reports now hosted on the project website)
Analyse near real-time data of company registrations in the UK to get an update-to-date picture of the effect of Covid-19 on business creation.
UK Business Creation during Covid-19 Lockdown (May 2020) with Alfred Duncan and Miguel León-Ledesma
Product Market Concentration in the UK: 2006-2015 (2019) with Kyung In Hwang
Analyse Department of Business, Energy and Industrial Strategy (BEIS) data on product market concentration in the UK.