Cover; Contents; I. INTRODUCTION; II. CONCEPTUAL FRAMEWORK; III. DATA; IV. STYLIZED FACTS; A. Aggregate TFP Gains; B. State-Level TFP Gains; V. ECONOMETRIC RESULTS; A. Baseline; B. Robustness; C. Extension: Market Concentration and Resource Misallocation; D. Extension: Corruption and Resource Misallocation; VI. CONCLUSION; Tables; 1. State-level TFP Gains from Eliminating Resource Misallocation (in %); 2. Baseline Regressions; 3. Robustness Checks; 4. Market Concentration Regressions; 5. Corruption Regressions; Figures; 1. TFP Gains from Efficient Allocation of Resources
2. Correlation between State-level per Capita Incomes and Resource Misallocation, 20133. TFP Gains in Reform Scenario Across States; References; Annexes; 1. Resource Misallocation by Mexican State; 2. Variable Definitions and Sources; 3. Summary Statistics
