down production. This paper asks whether foreign owners are more likely to close plants than domestic owners. In Indonesia … for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable …

structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions …

, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms … firms. In our model, globalization not only affects the distribution of observed productivities but also productivity at the …

We consider a tractable model of heterogeneous production units that features endogenous entry and productivity … standard factor misallocation framework, policy distortions featuring a positive productivity elasticity of distortions imply … larger reductions in output through smaller investments in establishment productivity. A calibrated version of the model …

In this paper we show that the study of the farm size-productivity relationship hinges on the choice of productivity … measure. Our main insight is that using yields, a partial measure of productivity, may not be informative for the size-productivity … relationship because, in addition to total factor productivity, yields pick up input markets distortions and deviations from …

Many studies have documented large and persistent productivity differences across producers, even within narrowly … for these differences, by proposing that demand-side features also play a role in creating the observed productivity …. Substitutability increases truncate the productivity distribution from below, resulting in higher minimum and average productivity …