endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation …

endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation …

productivity (TFP). In this article, we summarize a recent literature - and the articles in this special issue on misallocation and … productivity - that focus on the reallocation of factors across heterogeneous production units as an important source of measured …

productivity (TFP). In this article, we summarize a recent literature — and the articles in this special issue on misallocation … and productivity — that focus on the reallocation of factors across heterogenous production units as an important source …