Ordonez, Julio Cesar Leal - In: Review of Economic Dynamics 17 (2014) 2, pp. 262-286
enforcement on aggregate output and productivity using a dynamic general equilibrium framework. I calibrate the model using data … complete enforcement, Mexico's labor productivity and output would be 19% higher under perfect competition and 34% higher under … result, TFP and capital accumulation are reduced, and hence output. I decompose the gains following the guidelines of five …