Bloom, Nicholas; Iacovone, Leonardo; Pereira-López, Mariana - National Bureau of Economic Research - 2022
greater misallocation in Mexico is the weaker size-management relationship compared to the US, particularly in the highly … distorted Mexican service sector. Second, the size-management relationship is weaker in smaller markets, measured by distance to … the US for manufacturing firms and population density for service firms. Third, municipalities with weaker institutions …