Firm-level idiosyncratic policy distortions misallocate resources between firms, lowering aggregate productivity. Many environmental policies create such distortions; in particular, output-based intensity standards (which limit firms' energy use or emissions per unit of output) are easier for...

In this paper we measure the distortions in the allocation of labor and capital across provinces and sectors in China for the period 1985-2007. Most existing studies have measured factor market distortions by using some index of dispersion in individual factor returns. However, the map between...

Online appendix for the Review of Economic Dynamics article

The development of equitable relationships and outcomes among Indigenous communities, resource development companies, and governments in Canada is slow and uneven. Protest and Partnership brings together expert contributors to ask what works—and what doesn't—in these relationships. It...