-industry reallocation, we confirm that intensified misallocation generally results from intra-industry allocative inefficiency. The … potential loss from instances of worsening misallocation is estimated to be approximately 0.6% points for each year, which is …

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 …