Published Research:

• "Land Security and Mobility Frictions," with Tasso Adamopoulos, Loren Brandt, Chaoran Chen, and Xiaoyun Wei
  Quarterly Journal of Economics, 2024.
  [Link to Article (open access)]   [Replication Package]   [Working Paper]   [NBER Working Paper]   [VoxDev]  
   
  
• "Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity," with Jose-Maria Da-Rocha and Marina M. Tavares
  European Economic Review, Volume 155, June 2023, 104444.
  [Link to Article (open access)]   [Replication Files]   [Working Paper]   [NBER Working Paper]  
   
  
• "Land Misallocation and Productivity," with Chaoran Chen and Raul Santaeulalia-Llopis
  American Economic Journal: Macroeconomics, Volume 15, Issue 2, April 2023, pp. 441-65.
  [Link to Article]   [Replication Package]   [Working Paper]   [NBER Working Paper]   [IGC Blog post]   [stone econ]  
   
  
• "Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data," with Tasso Adamopoulos
  The Review of Economic Studies, Volume 89, Issue 4, July 2022, pp. 1629-1653 (Lead article).
  [Link to Article (guest access)]   [Link to Appendix]   [Link to Replication Package]   [Working Paper]   [NBER Working Paper]   [The Economist, Daily Chart]   [VoxDev]   [Slides]  
   
  
• "The Effects of Land Markets on Resource Allocation and Agricultural Productivity," with Chaoran Chen and Raul Santaeulalia-Llopis
  Review of Economic Dynamics, Volume 45, July 2022, pp. 41-54.
  [Link to Article]   [Link to Appendix]   [Link to Replication Data]   [Working Paper]   [NBER Working Paper]  
   
  
• "Misallocation, Selection, and Productivity: A Quantitative Analysis with Micro Data from China," with Tasso Adamopoulos, Loren Brandt, and Jessica Leight
  Econometrica, Volume 90, Issue 3, May 2022, pp. 1261-1282.
  [Wiley (open access)]   [Link to Article (open access)]   [Link to Appendix]   [Link to Replication Package]   [Working Paper]   [NBER Working Paper]   [VoxChina]   [VoxDev]   [Slides]  
   
  
• "Are Small Farms Really more Productive than Large Farms?," with Fernando Aragon and Juan Pablo Rud
  Food Policy, Volume 106, January 2022, 102168.
  [Link to Article (open access)]   [Link to Online Appendix]   [Working Paper]   [NBER Working Paper]   [The Conversation]   [VoxDev]  
   
  
• "The History of Venezuela,"
  in: A Monetary and Fiscal History of Latin America, 1960-2017, Timothy J. Kehoe and Juan Pablo Nicolini editors, University of Minnesota Press, Minneapolis USA, 2021.
  [Working Paper]   [Link to University of Minnesota Press]   [Link to BFI Draft Chapter]  
   
  
• "The Impact of Land Institutions and Misallocation on Agricultural Productivity,"
  Research Summary, NBER Reporter 2020:1.
  [Link to Article]  
   
  
• "On Average Establishment Size across Sectors and Countries," with Pedro Bento
  Journal of Monetary Economics, Volume 117, January 2021, pp. 220-242.
  [Link to Article]   [Online Appendix]   [Data (.zip)]   [Working Paper]   [NBER Working Paper]   [VoxEU Column]  
   
  
• "Market Constraints, Misallocation, and Productivity in Vietnam Agriculture," with Stephen Ayrest and Loren Brandt
  Food Policy, Volume 94, July 2020, 101840, pp. 1-16.
  [Link to Article (open access)]   [Working Paper]   [UNU-WIDER Working Paper]  
   
  
• "Land Reform and Productivity: A Quantitative Analysis with Micro Data," with Tasso Adamopoulos
  American Economic Journal: Macroeconomics, Volume 12, Issue 3, July 2020, pp. 1-39 (Lead article).
  [Link to Article]   [Appendix and Replication]   [Working Paper]   [NBER Working Paper]   [VoxDev Column]   [AEA Research Highlight]  
   
  
• "Relative Prices and Sectoral Productivity," with Margarida Duarte
  Journal of the European Economic Association, Volume 18, Issue 3, June 2020, pp. 1400-1443.
  [Link to Article (guest access)]   [Working Paper]   [NBER Working Paper]  
   
  
• "Misallocation and Aggregate Productivity across Time and Space."
  Canadian Journal of Economics, Volume 52, Issue 1, February 2019, pp. 5-32.
  [Link to Article]   [Working Paper]  
   
  
• "Firing Costs, Misallocation, and Aggregate Productivity," with Jose-Maria Da-Rocha and Marina M. Tavares
  Journal of Economic Dynamics and Control, Volume 98, January 2019, pp. 60-81.
  [Link to Article]   [Working Paper]   [NBER Working Paper]  
   
  
• "Financial Frictions and the Rule of Law," with Ashantha Ranasinghe
  Journal of Development Economics, Volume 134, September 2018, pp. 248-271.
  [Link to Article]   [Working Paper]   [NBER Working Paper]   [CATO Research Brief]   [VoxDev Column]  
   
  
• "The Causes and Costs of Misallocation," with Richard Rogerson
  Journal of Economic Perspectives, Volume 31 (3), Summer 2017, pp. 151-174.
  [Link to Article]   [Working Paper]   [NBER Working Paper]   [VoxDev Column]  
   
  
• "Misallocation, Establishment Size, and Productivity," with Pedro Bento
  American Economic Journal: Macroeconomics, Volume 9 (3), July 2017, pp. 267-303.
  [Link to Article]   [Data Set]   [Online Appendix]   [Working Paper]   [NBER Working Paper]  
   
  
• "Comment," Symposium: Development, Firms, and Productivity,
  Economía, Volume 17 (1), Fall 2016, pp. 51-61.
  [Link to Article]   [MUSE Link to Article]  
   
  
• "A Quantitative Theory of the Gender Gap in Wages," with Andres Erosa and Luisa Fuster
  European Economic Review, Volume 85, June 2016, pp. 165-187.
  [Link to Article]   [Working Paper]  
   
  
• "Explaining Educational Attainment across Countries and over Time," with Guillaume Vandenbroucke
  Review of Economic Dynamics, Volume 17 (4), October 2014, pp. 824-841.
  [Link to Article]   [On-Line Appendix]   [Link to Code]  
   
  
• "The Size Distribution of Farms and International Productivity Differences," with Tasso Adamopoulos
  American Economic Review, Volume 104 (6), June 2014, pp. 1667-97.
  [Link to Article]   [Working Paper]   [On-Line Appendix]  
   
  
• "Barriers to Capital Accumulation in a Model of Technology Adoption and Schooling,"
  Journal of Economic Dynamics and Control, 44, July 2014, pp. 81-91.
  [Link to Article]  
   
  
• "Factor Misallocation and Development,"
  The New Palgrave Dictionary of Economics, Online Edition, Eds. Steven N. Durlauf and Lawrence E. Blume, Palgrave Macmillan, 2013.
  [Link to Article]   [Working Paper]  
   
  
• "Misallocation and Productivity," with Richard Rogerson
  Review of Economic Dynamics, Volume 16 (1), January 2013, pp. 1-10.
  [Link to Article]   [Working Paper]  
   
  
• "The Latin American Development Problem: An Interpretation"
  Economía, Volume 13 (2), Spring 2013, pp. 69-100.
  [JSTOR Link to Article]   [MUSE Link to Article]   [Working Paper]  
   
  
• "The Evolution of Education: A Macroeconomic Analysis," with Guillaume Vandenbroucke
  International Economic Review, Volume 54 (3), August 2013, pp. 915-936.
  [Link to Article]   [Working Paper]  
   
  
• "A Century of Human Capital and Hours," with Guillaume Vandenbroucke
  Economic Inquiry, Volume 51 (3), July 2013, pp. 1849-1866.
  [Link to Article]  
   
  
• "Recent Developments in Economic Growth,"
  Federal Reserve Bank of Richmond Economic Quarterly, Volume 97 (3), Third Quarter 2011, pp. 329-357.
  [Link to Article]  
   
  
• "Venezuela's Growth Experience," with Omar Bello and Juan Blyde
  Latin American Journal of Economics, Volume 48 (2), November 2011, pp. 199-226.
  [Link to Article]  
   
  
• "How Important is Human Capital? A Quantitative Theory Assessment of World Income Inequality,"
  with Andrés Erosa and Tatyana Koreshkova
  The Review of Economic Studies, Volume 77 (4), October 2010, pp. 1421-49.
  [Link to Article]   [JSTOR Link to Article]  
   
  
• "A General Equilibrium Analysis of Parental Leave Policies," with Andrés Erosa and Luisa Fuster
  Review of Economic Dynamics, Volume 13 (4), October 2010, pp. 742-58.
  [Link to Article]   [Link to Code]  
   
  
• "The Role of the Structural Transformation in Aggregate Productivity," with Margarida Duarte
  Quarterly Journal of Economics, Volume 125 (1), February 2010, pp. 129-173.
  [Link to Article]   [JSTOR Link to Article]   [Data: README Matlab File Excel File]  
   
  
• "Policy Distortions and Aggregate Productivity with Heterogeneous Establishments," with Richard Rogerson
  Review of Economic Dynamics, Volume 11 (4), October 2008, pp. 707-20 (Lead article).
  [Link to Article]   [Link to Code]  
   
  
• "Agriculture and Aggregate Productivity: A Quantitative Cross-Country Analysis,"
  with Dennis T. Yang and Xiaodong Zhu
  Journal of Monetary Economics, Volume 55 (2), March 2008, pp. 234-50.
  [Link to Article]   [RYZ Data: README Excel ASCII]   [RYZ Appendix: pdf]  
   
  
• "Exchange Rates and Business Cycles across Countries," with Margarida Duarte and Andrea Waddle
  Federal Reserve Bank of Richmond Economic Quarterly, Volume 93 (1), Winter 2007, pp. 57-76.
  [Link to Article]  
   
  
• "The Structural Transformation and Aggregate Productivity in Portugal," with Margarida Duarte
  Portuguese Economic Journal, Volume 6 (1), April 2007, pp. 26-46.
  [Link to Article]   [Working Paper]  
   
  
• "The Productivity of Nations," with Margarida Duarte
  Federal Reserve Bank of Richmond Economic Quarterly, Volume 92 (3), Summer 2006, pp. 195-223.
  [Link to Article]  
   
  
• "The Role of Agriculture in Aggregate Business Cycles," with José-María Da-Rocha
  Review of Economic Dynamics, Volume 9 (3), July 2006, pp. 455-482.
  [Link to Article]  
   
  
• "Intergenerational Persistence of Earnings: The Role of Early and College Education,"
  with Carlos Urrutia
  American Economic Review, Volume 94 (4), December 2004, pp. 1354-1378.
  [JSTOR Link to Article]   [Note on Computation Algorithm]  
   
  
• "Barriers to Capital Accumulation and Aggregate Total Factor Productivity"
  International Economic Review , Volume 45 (1), February 2004, pp. 225-238.
  [JSTOR Link to Article]   [Link to Article]  
   
  
• "Fertility Decisions and Gender Differences in Labor Turnover, Employment, and Wages,"
  with Andrés Erosa and Luisa Fuster
  Review of Economic Dynamics, Volume 5 (4), October 2002, pp. 856-891.
  [Link to Article]  
   
  
• "Relative Prices and Investment Rates," with Carlos Urrutia
  Journal of Monetary Economics, Volume 47 (1), February 2001, pp. 93-121.
  [Link to Article]   [Relative Price Data: README Excel ASCII]