productivity. This framework is based on a multi-sector equilibrium model with sector-specific frictions in the form of taxes on …, this framework is consistent with that commonly used in productivity analysis. I apply this framework to measure the extent … to which resource misallocation explains the difference in aggregate productivity across developed countries. I find that …

Firm heterogeneity and the allocation of resources across firms play a key role in determining aggregate productivity …. Entry barriers and misallocation can substantially impact productivity, as evidenced in recent work. This article provides a …

productivity (TFP). In this article, we summarize a recent literature - and the articles in this special issue on misallocation and … productivity - that focus on the reallocation of factors across heterogeneous production units as an important source of measured …

productivity (TFP). In this article, we summarize a recent literature — and the articles in this special issue on misallocation … and productivity — that focus on the reallocation of factors across heterogenous production units as an important source …

in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services …, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as …

productivity than formal firms. We also found formal firms have a restricted growth due to capital and output distortions. These …Resource misallocation can lower the aggregate total factor productivity (TFP). We use micro-data on manufacturing … establishments from the Instituto Ecuatoriano de Estadística y Censos to quantify the differences in productivity and diagnose the …

misallocation. Furthermore, econometric results show that formal firms are more affected than informal firms by distortions to their …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …