potentially cumulate into lower levels of aggregate productivity and GDP. In this paper, we exploit data from household surveys …

This paper advances understanding of the relationship between tax policy and productivity, taking advantage of unique … data from the Dominican Republic to document a significant negative impact of tax regulations on total factor productivity … (TFP). It begins by estimating productivity using administrative records provided by the tax authorities. Then, it …

raises productivity and also reduces the operational costs of dynamism: buying, selling, opening and closing plants. We … additional results. First, mergers and acquisitions raise economy-wide management and productivity by reallocating plants to … market competition improves both management and productivity by reallocating away from badly managed plants. Finally …

explained by the standard general equilibrium theory if consumption demand is treated as the primary source of aggregate …