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The disparities in cross-country labor productivity are greater in agriculture than in other industries. I propose that … the misallocation of female talent across sectors distorts productivity. I formalize the theory by using a general … to US levels, agricultural labor productivity increases by 4.3-7.6 percent, nonagricultural labor productivity decreases …
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inputs. Trade protection can provide space for domestic firms to increase prices and mark-ups, allowing low-productivity … misallocation, leading to aggregate productivity losses of 5-10 per cent. In particular, tariffs are strongly related to distortions … that are correlated with firm productivity. The main channel through which tariffs distort the allocation of capital is …
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productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
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