The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …

productivity leaving aside other effects that arise through the market selection process. Additionally, most studies have focused … Chile to analyze how trade affects aggregate productivity through the process of resource reallocation and to explore not …

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 …