total-factor-productivity (TFP) elasticity of output per worker of 2.8. This implies that a factor of 3 difference in TFP is …

total-factor-productivity (TFP) elasticity of output per worker of 2.8. This implies that a factor of 3 difference in TFP is …

In this article, we document three remarkable facts about the distribution of output per worker (labor productivity …) across countries between 1960 and 1996. First, there is a large disparity in labor productivity across countries in the world … countries within the distribution of labor productivity over time. We identify and document a number of individual growth …

in productivity are a dominant source of these differences. But what accounts for productivity differences across … as follows. Misallocation appears to be a substantial channel in accounting for productivity differences across countries … static cost of misallocation, we believe that the dynamic effects of misallocation on productivity growth are significant and …