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 …

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 …

productivity. These effects are nonlinear across farms--impacting more those farms farther away from their efficient operational … scale. The effect of land rentals on productivity is 70 percent larger when controlling for non-market rentals--those with a …

We assess the quantitative impact of firing costs on aggregate total factor productivity (TFP) in a dynamic general …-equilibrium framework where the distribution of establishment-level productivity is not invariant to the policy. Firing costs not only … generate static factor misallocation, but also a worsening of the productivity distribution contributing to large aggregate TFP …

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 …