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American Economic Review· 2013Q1

Cross-Country Differences in Productivity: The Role of Allocation and Selection

Eric J. Bartelsman, John Haltiwanger, Stéfano Scarpetta

Short summary

Firm-level policy distortions explain substantial cross-country differences in aggregate productivity by affecting the within-industry covariance between firm size and productivity.

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance