Ayerst, Stephen; Nguyen, Duc; Restuccia, Diego - National Bureau of Economic Research - 2024
-thirds of cross-country labor productivity differences. Both selection and technology channels are important. Variation in …-enhancing investments (technology). Empirically, less developed countries feature higher distortions and larger dispersion in firm …-level productivity, mostly resulting from the higher prevalence of unproductive firms. Quantitatively, measured cross-country differences …