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 also a Research Associate at the National Bureau of Economic Research (NBER) in Cambridge MA, USA and he currently serves as an Editor of the Review of Economic Dynamics. Diego’s research work focuses on economic growth and development, in particular, the role of the allocation of economic factors across heterogeneous production units or sectors in accounting for aggregate outcomes.
He holds a PhD and MA in Economics from the University of Minnesota and a BA in Economics from Universidad Catolica Andres Bello in Caracas, Venezuela.
Recent work by Diego Restuccia
Land reforms, whilst well-intended, misallocate land and labour across farms, thereby reducing average farm size and agricultural productivity
Weak rule of law institutions distort establishments’ decisions and magnify financial frictions, contributing to substantial productivity losses
Misallocation, a key cause of productivity disparities across nations, is the result of many factors, making it difficult to isolate policy solutions