The causes and costs of misallocation

D Restuccia, R Rogerson - Journal of Economic Perspectives, 2017 - aeaweb.org
Why do living standards differ so much across countries? A consensus in the development
literature is that differences in productivity are a dominant source of these differences. But …

[图书][B] Resource misallocation and total factor productivity: Manufacturing firms in South Africa

C Newman, J Rand, MA Tsebe - 2019 - econstor.eu
Misallocation of labour and capital can greatly reduce aggregate productivity. In this study,
we use tax administrative data to examine the extent of resource misallocation in the South …

Labor productivity and reallocation in Finland in 2000-2018

P Fornaro, N Kuosmanen, T Kuosmanen, T Maczulskij - 2021 - julkaisut.valtioneuvosto.fi
Labor productivity of the Finnish economy has stuck close to the level of year 2007 for over a
decade. Positive productivity development still occurs in many establishments and firms in …

Misallocation and productivity slowdown over two decades: evidence from Sri Lanka

RDTS Kumari, SHK Tang, SX Chen, B Li - Applied Economics, 2021 - Taylor & Francis
We investigate the effect of misallocation induced by firm-specific distortions on aggregate
productivity and long-run TFP growth. Using a new firm-level dataset from Sri Lanka's …

The Costs of Agglomeration: Misallocation of Credit in Chinese Cities

L Liu, Y Tian, H Chen - Land, 2023 - mdpi.com
In comparison to agglomeration economies, the negative externalities of agglomeration
have received less attention. Based on the punishment data of illegal loans from Chinese …

Misallocation and manufacturing TFP in Thailand after the 1997 Asian financial crisis

S Dheera-aumpon - … Journal of Trade and Global Markets, 2020 - inderscienceonline.com
This paper evaluates the degree of resource misallocation and its effect on aggregate
productivity in the Thai manufacturing sector after the 1997 crisis. This paper uses plant …

The Cost of Women's Talent Misallocation in Japan 2010-2020

D Ozaki, H Arato - Available at SSRN 4787346, 2024 - papers.ssrn.com
In Japan, men's and women's labor force participation rates converged between 2010 and
2020, but gender gaps in occupational choice persisted. We quantify the output and welfare …

The Empirical Dynamics of Misallocation

G Franco - Available at SSRN 3266023, 2018 - papers.ssrn.com
Factor misallocation has been emphasized as one of the main sources of differences in
aggregate TFP. This paper investigates the empirical dynamics of both capital and labor …

The Productivity Dispersion of the Korean Manufacturing Industry and Macroeconomic Allocation Efficiency Measures

J Kim, D Kang - KDI Journal of Economic Policy, 2015 - koreascience.kr
According to the macroeconomic allocation efficiency measure, particularly based on the
methodology of Hsieh and Klenow (2009), Korea's allocation efficiency in the manufacturing …

[PDF][PDF] The Aggregate Productivity Effect of Labour and Capital Market Distortions in Canada

Y Chen, T Tombe - trevortombe.com
How efficiently are workers, investment capital, and production distributed across firms in
Canada? And how have they varied over time, across regions, and between sectors? To …