We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …

This paper describes private actors' involvement in Colombia's policymaking process. While more transparent and formal …, follows a faster track and depends more on political power than on those policies' potential as engines for productivity … different groups' weight in policymaking, and the effect of the implied unbalance on aggregate productivity. Electoral weight …

This paper describes private actors involvement in Colombia s policymaking process. While more transparent and formal …, follows a faster track and depends more on political power than on those policies potential as engines for productivity growth … different groups weight in policymaking, and the effect of the implied unbalance on aggregate productivity. Electoral weight and …