TY - JOUR A1 - Iacovone, Leonardo A1 - Crespi, Gustavo A1 - Bowen, J David A1 - Marcolin, Luca T1 - Decomposing firm-level productivity growth and assessing its determinants: evidence from the Americas JF - The Journal of Technology Transfer N2 - This paper provides novel empirical evidence on productivity growth in the manufacturing sector in Chile, Colombia, Mexico and Peru. Relying on plant-level data, we first decompose productivity and productivity growth into plant-level growth and market allocation forces. While the average productivity of the survivors is higher than the overall contribution of reallocation forces, during recessions the inverse is true and reallocation gives a positive, albeit small, contribution to aggregate productivity growth. Next we analyze how policy measures can determine allocative efficiency levels and growth, and find important scope for action on education, financial regulation, and structural reforms. Y1 - 2018 U6 - https://doi.org/10.1007/s10961-018-9678-0 VL - 43 IS - 6 SP - 1571 EP - 1606 ER -