important in explaining welfare losses from revenue productivity dispersion …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each …

firms and reductions in earnings per worker. Productivity gains arise mainly from an accelerated exit of less productive …