We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...

Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...

Partnering with the Census we implement a new survey of “structured” management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts...

Exporte und Erfolg der deutschen Industrie. - Obwohl der deutsche gewerbliche Sektor sehr offen und exportorientiert ist, hat es wenige Untersuchungen über die Rolle des Exports bei den Erfolgen der deutschen Firmen gegeben. Die Verfasser belegen die signifikanten Unterschiede zwischen...

Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational “fitness” within a competitive environment, firm growth is also a central concern to both the practice and...

This paper reports estimates of the productivity premium of German firms exporting to the Euro‐zone and beyond, controlling for unobserved time‐invariant firm‐specific effects. Furthermore, it tests for self‐selection of more productive firms into exporting beyond the Euro‐zone. The...

While Germany has a very open, export-oriented manufacturing sector, to date there has been little or no research on the role of exporting in German firm performance. This paper documents the significant differences between exporters and non-exporters and attempts to identify the sources of...