We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...

In the modernisation of production processes, German and American firms stress different aspects: a greater number of German enterprises strategically favour technology and innovation and the adaptation of products to customers' specifications. The US firms prioritise more frequently the quality...

Bei der Modernisierung der Produktion setzen deutsche und amerikanische Firmen zumindest teilweise andere Schwerpunkte. Die deutschen Unternehmen favorisieren strategisch zu höheren Anteilen Technologie und Innovation sowie die Anpassung der Produkte an Kundenwünsche. Die US-Firmen...