Rossi (2022) examines the relative efficiency of skilled workers across countries. He finds the elasticity of skill efficiency with respect to GDP per worker is 1.4 and that the relative human capital accounts for only about 9 percent. We reproduce the paper's main findings and test the...

We examine the gains from globalization in the presence of firm heterogeneity and resource misallocation. Theoretically, we show that measured domestic aggregate productivity (AggProd) captures an economy’s effective productive capacity with or without distortions. However, it is not monotonic...

Rossi (2022) examines the relative efficiency of skilled workers across countries. He finds the elasticity of skill efficiency with respect to GDP per worker is 1.4 and that the relative human capital accounts for only about 9 percent. We reproduce the paper's main findings and test the...

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects....

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects....

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects....