We study a bank run in India in which private bank branches experience sudden and considerable loss of deposits that … on bank-firm relationships and branch balance sheets. The flight to safety is not a flight to quality. Lending shrinks …

sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …

empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …

percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and … it ignores the additional capital formation made possible by an increase in productivity and therefore understates … productivity's true importance. Our estimates suggest that the understatement may be quite large, and that one might better ask if …

-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 …

are frequent, often large, weakly correlated across teams, and which substantially reduce team productivity. Together …

The ratio of revenue to inputs differs greatly across plants within countries such as the U.S. and India. Such gaps may … reflect misallocation which hinders aggregate productivity. But differences in measured average products need not reflect … downward trend in allocative efficiency over 1978-2013 …

Which managerial skills, traits, and practices matter most for productivity? How does the observability of these …, like attention, autonomy, and control, are important for learning-by-doing as well as for overall productivity, but are not …