. Technological/ markup heterogeneity explains a limited fraction in China, but a potentially large share in the US …

establishments to quantify the potential extent of misallocation in China and India compared to the U.S. Compared to the U.S., we … measure sizable gaps in marginal products of labor and capital across plants within narrowly-defined industries in China and ….S., we calculate manufacturing TFP gains of 30-50% in China and 40-60% in India …

US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …

strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having …

and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …

since 1995. The paper draws on a variety of data sources but most heavily on the recent World Input-Output Database. China …

supply chains – and how this decision affects performance. We exploit matched customs and balance-sheet data from China …