at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …

neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …

monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and …

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 …

relationship to both (i) institutional constraints, and (ii) productivity …

Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing …