hypothetical absence of distortions, aggregate TFP in manufacturing would be boosted by 58% in 1993, by 67% in 2006 and by 80% in …Over the last two decades, total factor productivity (TFP) in Italy decreased by 0.2% per year, while increasing on … average in the Euro-area countries. This decline suggests the existence of large inefficiencies in the allocation of resources …

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 …

factor productivity (TFP) in Chinese industries firms. To quantify the effects of volatility and adjustment costs on …

predominantly populated by single-plant firms, the gains from reducing their distortions to the level of developed are larger than …

of manufacturing productivity differences across countries and establish by how much they would be reduced if such … show that manufacturing productivity would increase by an average of 62 percent, but productivity gaps relative to the US … efficiency of resource allocation is uncorrelated with income levels …

This paper analyzes the effects of allocative efficiency on productivity in the manufacturing sector of Korea following … Hsieh and Klenow (2009). The results of this research indicate that the overall allocative efficiency declined from 1990 to … expand if distortions are removed in most countries. One notable feature in Korea is that this pattern is pronounced. This …