Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
Why Big Firms Steal the Productivity Gains
Productivity growth has been slowing for decades, but not everywhere. In this episode, Lucas and Luna dig into the growing gap between a handful of superstar firms and the struggling majority. They walk through the data behind the divergence, why a small group of companies captures most of the gains, and what it means for workers, competitors, and the broader economy. Along the way, they explore whether the superstar firm effect is a natural feature of modern capitalism or a policy failure — and what a new wave of research suggests about market concentration, technology adoption, and…
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