and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009 …, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large … potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs …

productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the …We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across …

At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well … documented. We build on this research to further investigate the drivers of misallocation, exploiting micro-level variation …

We assess the aggregate productivity impact of distortions arising from labor regulations in Mexico and how they … but small impacts on aggregate productivity …

The paper assesses the changing nature of the relations between the provinces and the central government in China …

China''s rapid overall growth since 1978 masks significant differences in relative economic performance across its …

The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise …. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this …

This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal …

between two organizational designs: a traditional hierarchy where she retains authority over the choice of projects to be …

This paper examines interactions between self-interested agents in a two-tier government hierarchy, consisting of a …