classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This …

productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … explores complementarity in information acquisition. Because information about future productivity has a high fixed cost of … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity …

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market …-local firms. They therefore mostly buy locally, limiting firms' potential market size (and competition). We explore this …

productivity gaps, but rather differences in demand-side fundamentals. We document and explore patterns in plants' idiosyncratic …

We revisit the long-standing empirical evidence of an inverse relationship between farm size and productivity using … in the literature, but positively related to farm productivity (a farm-specific component of total factor productivity … evaluating the role of farm-specific distortions. Our findings point to the limited value of yields (or land productivity) in …

, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms … our model, globalization not only affects the distribution of observed productivities but also productivity at the firm …