The Chilean economy experienced a decade of sustained growth in aggregate out-put and productivity after the 1982 … financial crisis. This paper analyzes the effects of resource misallocation on total factor productivity (TFP) of the …

Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The … efficient allocation of production factors across firms. In this study, we measure the effect of bureaucracy, labor regulations …

, and its impact on aggregate output and total factor productivity (TFP). The Italian corporate sector could produce 6% to 8 …

hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … their labor allocation on aggregate growth. Subsidies to high-productivity sector production can alleviate welfare losses …I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and sector-specific, nonlinear …

allocative efficiency because firms pass-through measured productivity gains into markups. From industry-year variation, there is …

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 …

One of the key determinants of potential growth are productivity gains. Total factor productivity (TFP) differences are …: the aggregate productivity loss from microeconomic distortions that prevent factors of production from being allocated to … key driver of productivity gains. Since distortions preventing misallocation can be driven by institutional obstacles …