upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …

upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …

), 552-80, to derive a new prediction regarding how the productivity of a firm affects its choice between vertical … robust firm-level evidence from Spain showing that, in line with our prediction, the effect of productivity works more …

Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical … the long-run general-equilibrium effects of power outages on productivity. Outages lower productivity in the model by …

evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker …