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 …, measured by contract enforcement, crime, and corruption, have a weaker size-management relation. These results are consistent …

We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our … structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions … a lesser extent large firms) and the main winners are small firms. -- firm size ; productivity ; labor regulation …

We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our … structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions …