management regulation restricting manure application per acre may weaken productivity gains arising from the agglomeration …

Firms are more productive on average in larger cities. Two main explanations have been offered: firm selection (larger … interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the …

of firms, built by matching data from several sources, we investigate the contribution of productivity to firm growth and …According to the "cleansing hypothesis", recessions are periods in which productivity-enhancing reallocation … intensifies, shifting resources away from less efficient to more efficient firms at a greater pace. Does the Great Recession of …