distortions for firms. Misallocation arises when similar firms are faced with land prices that effectively prevent productive … firms from establishing in large cities where they can benefit from agglomeration forces and access to higher productivity …

the misallocation of female talent across sectors distorts productivity. I formalize the theory by using a general …The disparities in cross-country labor productivity are greater in agriculture than in other industries. I propose that … to US levels, agricultural labor productivity increases by 4.3-7.6 percent, nonagricultural labor productivity decreases …

the resulting increase in factor misallocation accounts for 20% of the decline in productivity in Portugal in 2012. …We provide evidence that a weak banking sector has contributed to low productivity growth following the European … natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by …

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 …

addressing both measurement and specification issues. In light of recent advances in the fields of productivity and misallocation … the potential extent of intra-industry misallocation in France versus the United States. In contrast to what has been …

Following Hsieh and Klenow (2009) this paper studies productivity dispersion in Colombian industrial establishments …-level distortions would increase manufacturing productivity in Colombia and compare it with the United States. We find that such a … reallocation would increase manufacturing Total Factor Productivity (TFP) in Colombia around 15% more than in the United States in …

Misallocation of human capital across sectors can have substantial negative implications for aggregate output. So far …, the literature examining this type of labor misallocation has assumed a Cobb-Douglas production function. Our paper … substitutable than Cobb-Douglas assumes. Our counterfactual results indicate that human capital misallocation can explain …

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 …

Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth … starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants … across industries we fail to robustly relate productivity growth to prominent reforms such as industrial de-licensing, tariff …

Measured total factor productivity often declines sharply during financial crises. In 1982, the Chilean manufacturing … contribution of resource misallocation, I develop a measure of allocational efficiency along the lines of Hsieh & Klenow (2009) and … derive the appropriate measure of aggregate productivity to which it should be compared. Across specifications, within …