Productivity growth in many advanced economies has decelerated in the last decades. There is increasing evidence that … the misallocation of production function has contributed to the weakness in productivity. Factors behind this … misallocation of production factors on productivity and assess their role for the weakness in productivity growth in Germany …

, productivity growth has been slowing down in all developed economies. At the same time, however, studies have found that a handfull … of highly productive companies continue to record above-average productivity growth. Hence, the authors observe … differences in productivity levels across businesses even within narrowly defined sectors. This paper surveys recent empirical …