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 …

Total factor productivity (TFP) in Latin America has not increased relative to the US since the mid- 1970s, and in many …-level data from 10 Latin American countries to quantify the heterogeneity of firm productivity and the degree of resource … misallocation within countries. Productivity heterogeneity and resource misallocation are found to be much larger than in the United …

pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect … countries and industries and have evolved differently over time. We argue that differences in regulation have played an …