This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural … productivity. Overall, we find statistically significant declines in agricultural productivity that is associated with both floods … less than 1%, but quite different across years and across regions. This average hides a heterogeneity of impacts, with some …

their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … on the time-varying distribution of firms. Although a reduction in real rates increases misallocation in partial … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity …

We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …

How costly is the misallocation of production that we might expect to result from distortions such as market power …, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place … misallocation and to quantify the welfare losses that it causes. We then consider an application in which thousands of firms …

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …

, rapidly narrowed the productivity gap with advanced economies. In contrast, in countries of the Commonwealth of Independent … States, which embarked on reforms later and contented with less depth, the productivity gap remains substantial. While the …

, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to … IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …

stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …