De Nicola, Francesca; Nguyen, Ha; Loayza, Norman - 2020
This paper examines within-sector resource misallocation in three Southeast Asian countries - Indonesia, Malaysia, and … measurement error is substantial, resulting in an overestimation of misallocation by as much as 30 percent. Nevertheless, resource … misallocation across firms within a sector remains large, albeit declining. The findings imply that there are considerable potential …