Management and Misallocation in Mexico
利用墨西哥和美国的行政调查数据，发现墨西哥企业管理质量较低且资源错配更严重，企业规模与管理质量的正向关联较弱，尤其在服务业、小市场及制度薄弱地区更为明显。
Using comprehensive administrative management surveys from Mexico and the United States, we document large management gaps between the two countries, driven by both lower average management quality among Mexican firms and greater misallocation. Compared with the United States, Mexico displays a weaker link between firm size and management quality, especially in the distorted service sector. The size-management gradient is weakest in smaller markets—services in low-population-density regions and manufacturing in locations farther from the United States. It is also attenuated in areas with weaker institutions, including poor contract enforcement, high crime, corruption, and informality.