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Misallocation in firm production : a nonparametric analysis using procurement lotteries
Carrillo, Paul E.; Donaldson, Dave; Pomeranz, Dina; … - 2023
How costly is the misallocation of production that we might expect to result from distortions such as market power …, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place … misallocation and to quantify the welfare losses that it causes. We then consider an application in which thousands of firms …
Persistent link: https://www.econbiz.de/10014292143
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Nature, power, and growth
Thorvaldur Gylfason - 2001
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...
Persistent link: https://www.econbiz.de/10011397924
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The Bounty of the Sea and long-run development
Dalgaard, Carl-Johan; Knudsen, Anne Sofie B.; Selaya, Pablo - 2015
? Whereas this question has been explored from the point of view of agriculture, remarkably little attention has been paid to …
Persistent link: https://www.econbiz.de/10011346874
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Diversifying and benchmarking Madagascar
Thorvaldur Gylfason; Nganou, Jean-Pascal Nguessa - 2024
Because excessive specialization can be risky, diversification matters for sustainable development. A case study of Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of production possibilities to illuminate the possible...
Persistent link: https://www.econbiz.de/10015048370
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Does climate change make foodgrain yields more unpredictable : evidence from India
Verma, Saumya; Gupta, Shreekant; Sen, Partha - 2020
How would climate change affect India’s agriculture which accounts for sixty percent of employment? We study the impact …
Persistent link: https://www.econbiz.de/10012177019
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Agricultural price shocks and business cycles a global warning for advanced economies
De Winne, Jasmien; Peersman, Gert - 2018
agriculture in GDP or lower shares of non-agricultural trade in GDP; that is, characteristics that typically apply to low …
Persistent link: https://www.econbiz.de/10011846251
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Can a growing world be fed when the climate is changing?
Dietz, Simon; Lanz, Bruno - 2019 - This version: November 2019
1960 to 2015. The model integrates several features necessary to study the problem, including an explicit agriculture …
Persistent link: https://www.econbiz.de/10012138747
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Monopsony makes firms not only small but also unproductive : why East-Germany has not converged
Bachmann, Ruediger; Bayer, Christian; Stüber, Heiko; … - 2022
When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power - some productive employers will decide to acquire fewer customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity....
Persistent link: https://www.econbiz.de/10013201697
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Barriers to global capital allocation
Pellegrino, Bruno; Spolaore, Enrico; Wacziarg, Romain - 2021
benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …
Persistent link: https://www.econbiz.de/10012514947
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Do carbon offsets offset carbon?
Calel, Raphael; Colmer, Jonathan; Dechezleprêtre, Antoine - 2021
the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offset program. Using …
Persistent link: https://www.econbiz.de/10012650589