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Christoph T. Weiss

Senior Economist · European Investment Bank

Economist in the Economics Department of the European Investment Bank, Luxembourg. Research covers firm productivity and resource allocation, digital technology adoption, training and innovation.

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Published American Economic Journal: Macroeconomics Published Jul 2026
Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions

Yuriy Gorodnichenko · Debora Revoltella · Jan Svejnar · Christoph T. Weiss

This paper investigates why firms in the European Union exhibit wide dispersion in marginal revenue products (MRP) of capital and labor — a direct indicator of resource misallocation — and asks how …