at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …

We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity in India … to bound the effect of changes in misallocation on treated industries' aggregate productivity. Treated industries' Solow …

, we measure total factor productivity (TFP) for farms controlling for land quality, rain, and other transitory shocks. We …

There are widespread differences in total factor productivity across producers in the U.S. and around the world. To … misallocation accounting for as much as 25 percent of the variation in hospital productivity, our results suggest that how the money … is spent, rather than how much money is spent, is central to understanding productivity differences both in health care …

Financial frictions distort the allocation of resources among productive units--all else equal, firms whose financing … productivity (TFP). In our framework, the correlation between firm size and borrowing costs has no bearing on TFP losses under the …

on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …

yield the same estimated aggregate productivity loss. When firm-specific intermediate input distortions are present, however … of firms' productivity and distortions. Using Chinese and Indian enterprise data, we find quantitatively similar TFP …