Diego Restuccia
Professor of Economics and Canada Research Chair in Macroeconomics and Productivity, University of Toronto
Diego Restuccia is a Professor of Economics and a Canada Research Chair in Macroeconomics and Productivity at the University of Toronto in Canada.
Diego is an elected Fellow of the Econometric Society, a Research Associate at the National Bureau of Economic Research (NBER), a Research Associate at Theoretical Research in Development Economics (ThReD), and a Research Director at the Research Institute for Development, Growth and Economics (RIDGE). Diego received the Bank of Canada Fellowship Award in 2019 and again in 2024. Diego's research lies at the intersection of macroeconomics, development, and labor economics, and focuses on understanding the great disparities in income across countries. His recent work examines the role of resource allocation of economic factors such as capital and labor across firms or sectors in accounting for macroeconomic outcomes.
He holds a Ph.D. in Economics from the University of Minnesota and an undergraduate degree from Universidad Católica Andrés Bello in Caracas (Venezuela). Diego was born in Montevideo (Uruguay).
Recent work by Diego Restuccia
-
Why collectivisation in Vietnam still holds back agricultural productivity decades later
Evidence from Vietnam shows that institutional barriers not only misallocate resources but also discourage farmers from investing in productivity improvements, compounding the losses from misallocation.
Published 04.03.26
-
Indian farms are small and unproductive. Broken land markets explain why.
Easing the barriers to renting land could boost agricultural productivity by encouraging the most productive farmers to expand.
Published 16.12.25
-
Improving land security enabled structural transformation in China
Insecure land property rights are an important constraint on migration, structural transformation, and productivity growth, as much as all other labour mobility barriers in China
Published 21.03.24
-
Can geography explain agricultural productivity differences across countries?
Low agricultural productivity in developing countries is not destiny, as there is remarkable potential for raising crop yields given their land quality
Published 07.02.23
-
Limitations of yields as a measure of farm productivity: Evidence from Uganda
The farm size–yields relationship is not informative for improving agricultural productivity among small landholders in developing countries
Published 25.03.22
-
Land rights and agricultural productivity: Evidence from China
Weak land rights among farmers reduces agricultural productivity and output, hitting skilled farmers hardest
Published 24.01.22
-
The effects of land reforms on farm size and agricultural productivity
Land reforms, whilst well-intended, misallocate land and labour across farms, thereby reducing average farm size and agricultural productivity
Published 08.07.19
-
On financial frictions and the rule of law in development
Weak rule of law institutions distort establishments’ decisions and magnify financial frictions, contributing to substantial productivity losses
Published 05.10.18
-
On the role of misallocation in aggregate productivity
Misallocation, a key cause of productivity disparities across nations, is the result of many factors, making it difficult to isolate policy solutions
Published 03.11.17