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Post
Raffaella Sadun
raffasadun.bsky.social
did:plc:gfgb4zynhg5tgum3ql4zd3q4
Key takeaways:
— Well-managed firms buy, sell, open, and close more plants
— They pass on good practices to new and acquired units
— Banning M&A would lower GDP and management quality by ~15%
— About 20% of productivity gaps across countries are management-related
2025-05-12T14:59:10.094Z