NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Land Misallocation and Productivity

Diego Restuccia, Raul Santaeulalia-Llopis

NBER Working Paper No. 23128
Issued in February 2017

---- Acknowledgments ----

For helpful comments we thank Aslihan Arslan, Nadege Azebaze, Fancesco Caselli, Leandro M. de Magalhaes, Matthias Doepke, Pascaline Dupas, Chang-Tai Hsieh, Chad Jones, Joe Kaboski, Pete Klenow, Evelyn Korn, Per Krusell, Rody Manuelli, Virgiliu Midrigan, Andrew Newman, Chris Pissarides, Nancy Qian, Richard Rogerson, Jose-Victor Rios-Rull, Paul Romer, Nancy Stokey, Kjetil Storesletten, Kei-Mu Yi, and seminar participants at Edinburgh, ENSAI, SITE, SED, NBER Summer Institute, Toronto, IMF Workshop on Inequality, CIDE Mexico, Queen's, Marburg, Universitat d'Alacant, CEMFI, RIDGE, Wilfried Laurier University, HEC Montreal, Oxford CSAE, World Bank Land & Poverty Conference, ECAMA-IPFRI-IPA, Notre Dame conference on misallocation and development, UAB, FAO-Roma, Universitat de Barcelona, and LSE. All remaining errors are our own. Restuccia gratefully acknowledges the financial support from the Canadian Research Chairs program and the Social Sciences and Humanities Research Council of Canada. Santaeulalia-Llopis gratefully thanks the Weidenbaum Center on the Economy, Government, and Public Policy for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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