Management and Misallocation in Mexico



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w29717



NBER WORKING PAPER SERIES
MANAGEMENT AND MISALLOCATION IN MEXICO
Nicholas Bloom
Leonardo Iacovone
Mariana Pereira-Lopez
John Van Reenen
Working Paper 29717
http://www.nber.org/papers/w29717
NATIONAL BUREAU OF ECONOMIC RESEARCH
1050 Massachusetts Avenue
Cambridge, MA 02138
February 2022
We thank the National Institute of the Entrepreneur (INADEM), the Ministry of Finance (SHCP),
the National Bank of Foreign Trade (BANCOMEXT), and the National Financing Institute 
(NAFIN)
for leading and funding this survey and for their comments and suggestions. We also 
thank the National
Institute of Statistics and Geography (INEGI) for funding and implementing 
the survey. We are grateful
to Gerardo Durand, Santiago Avila, Araceli Martinez-Gama, 
Fernando De Lira, Gabriel Romero, and
Natalia Volkow from INEGI for their support with the 
data use in compliance with the confidentiality
requirements set by the Mexican Laws. Bloom 
and Van Reenen thank the ESRC for funding through
POID. Helpful comments have been 
received from participants in workshops at the 2022 American
Economic Association, the Census 
Bureau, Empirical Management Conference, Lazaridis School
of Business and Economics, LSE, 
Society for Economic Dynamics conference, and World Bank, in
particular, Louise Guillouet and 
Diego Restuccia. The views expressed herein are those of the authors
and do not necessarily 
reflect the views of the National Bureau of Economic Research. The findings,
interpretations, and 
conclusions expressed in this paper are entirely those of the authors. They do not
necessarily 
represent the views of the International Bank for Reconstruction and Development/World
Bank 
and its affiliated organizations, or those of the Executive Directors of the World Bank or the
governments they represent.
NBER working papers are circulated for discussion and comment purposes. They have not been 
peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies 
official
NBER publications.
© 2022 by Nicholas Bloom, Leonardo Iacovone, Mariana Pereira-Lopez, and John Van Reenen. 
All
rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without 
explicit
permission provided that full credit, including © notice, is given to the source.


Management and Misallocation in Mexico
Nicholas Bloom, Leonardo Iacovone, Mariana Pereira-Lopez, and John Van Reenen
NBER Working Paper No. 29717
February 2022
JEL No. J0

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