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 …

classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This …

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

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 …

for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable …

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 …