What explains the enormous within-industry efficiency dispersion of firms in developing and developed countries? How much can misallocation and imperfect factor markets account for cross-country income differences?
What is the connection between competition and growth? How does market structure and firm-size distributions in industries relate to aggregate fluctuations and medium-term business cycles?
We know centrally planned economies are not workable. On the other hand, complementarities and nonrivalry are the main storys for generating growth and should drive us to central-integration. On which level do diseconomies kick in to prevent this? What is the optimal degree of decentralization of an economy?
How does the sectoral structure of an economy co-determine aggregate productivity and the optimal allocation of resources?
What is the impact of internationally differing sectoral structural structures on the pattern of trade and production specialization? How does the resulting specialization pattern shape structural features of the industries involved in trade?