García-Santana, Manuel; Moral Benito, Enrique; Pijoan … - 2016
factors across firms was at the root of the low TFP growth in Spain, while misallocation across sectors played only a minor … role. We show that within-industry misallocation of production factors increased substantially over the period in all … technological frontier. Cross-industry variation reveals that the increase in misallocation was more severe in sectors where the …