operated. using plant-level Census Bureau data, we show that productivity is inversely related to the degree of diversification …, the lower the productivity of its plants. Hence de-diversification is one of the means by which recent takeovers have … diversification declined significantly during the second half of the decade. The mean number of industries in which firms operated …

productivity is endogenously enhanced? To address these questions, we focus on the dynamic effect of trade, in particular, how …

-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed …-level productivity, fixed costs and demand shifters, and use "exact hat algebra" to quantify the effects of a decline in trade costs on …

Income differences across countries primarily reflect differences in total factor productivity (TFP). More …

that links these features of the business environment to cross-firm productivity distributions, entrepreneurs' welfare, and …

quarter of their annual pre-liberalization salary. The increase in the growth rate of labor productivity in the aftermath of …