We assess the effects of a major land policy change on farm size and agricultural productivity using a quantitative … can reduce agricultural productivity not only by misallocating resources across farmers but also by distorting farmers … impact the land reform reduces average farm size by 34% and agricultural productivity by 17%. The government assignment of …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

-level panel data to assess the effect of distortions in land rental markets on agricultural productivity. We provide empirical … rentals have substantial positive effects on agricultural productivity: an efficient reallocation of land increases … agricultural productivity by 38 percent on average and by more than 50 percent in states with highly distorted rental markets. Both …

substantial negative effects on agricultural productivity and structural change, raising the share of households operating farms … by almost 30 percentage points and depressing agricultural productivity by more than 10 percent. Quantitatively, land …

dynamism, may explain the observed productivity slowdown. We consider the role of nonemployers, businesses without paid … employees, in business dynamism and aggregate productivity. Despite the decline in the growth of employer firms, the total … average annual growth of aggregate productivity of 0.26-0.39%, over one quarter of the productivity growth in the data …

We revisit the long-standing empirical evidence of an inverse relationship between farm size and productivity using … in the literature, but positively related to farm productivity (a farm-specific component of total factor productivity … evaluating the role of farm-specific distortions. Our findings point to the limited value of yields (or land productivity) in …

endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation …

summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the …