In this paper we show that the study of the farm size-productivity relationship hinges on the choice of productivity … measure. Our main insight is that using yields, a partial measure of productivity, may not be informative for the size-productivity … relationship because, in addition to total factor productivity, yields pick up input markets distortions and deviations from …

Why is agricultural productivity so low in poor countries relative to the rest of the world? Is it due to geography or … constrained economic choices? We assess the quantitative role of geography and land quality for agricultural productivity … geographic regions, we find that low agricultural productivity in poor countries is not due to poor land endowments. If countries …

endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation …

We consider a tractable model of heterogeneous production units that features endogenous entry and productivity … standard factor misallocation framework, policy distortions featuring a positive productivity elasticity of distortions imply … larger reductions in output through smaller investments in establishment productivity. A calibrated version of the model …

in productivity are a dominant source of these differences. But what accounts for productivity differences across … as follows. Misallocation appears to be a substantial channel in accounting for productivity differences across countries … static cost of misallocation, we believe that the dynamic effects of misallocation on productivity growth are significant and …

What accounts for differences in output per capita and total factor productivity (TFP) across countries? Empirical … in a general equilibrium model of establishment productivity where the distribution of productivity is characterized in … productivity improvement thereby altering the productivity distribution and equilibrium prices (dynamic effect), further lowering …

aggregate agricultural productivity in China by affecting two key margins: (1) the allocation of resources across farmers …

We assess the effects of land markets on misallocation and productivity by exploiting effective variation in land … increase agricultural productivity. Our evidence builds from an empirical difference-in-difference strategy and a calibrated …

The relative price of services rises with development. A standard interpretation of this fact is that productivity …-country income elasticity of sectoral productivity is large in non-traditional services (1.15), smaller in manufacturing (1.05) and … much smaller in traditional services (0.67). Eliminating cross-country productivity differences in non-traditional services …