We explore how changes in ownership and managerial control affect the productivity and profitability of producers … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …

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 …

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 …

to be more vertically integrated. To quantify the impact of these distortions on aggregate productivity, we construct a … that enforcement frictions lower aggregate productivity to an extent that is relevant on the macro scale …

role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate … productivity growth, while the older literature focused on average productivity improvements ("learning"). We use comprehensive …, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important …