Showing 1 - 10 of 51
This paper examines resource misallocation within narrow industries in Turkey. It finds that resource misallocation in Turkey is substantial. The hypothetical gain from moving to "U.S. efficiency" is 24.5 percent of manufacturing total factor productivity in 2014. The evolution of resource...
Persistent link: https://www.econbiz.de/10012966002
preliminary evidence that the use of Brazilian Development Bank credit is not associated with a more efficient allocation of …
Persistent link: https://www.econbiz.de/10012912349
This paper complements the results of earlier work on factor misallocation. The paper first expands the methodology and provides two important decompositions for the main indices. The main result is that factor and output misallocation across districts is at least as important as misallocation...
Persistent link: https://www.econbiz.de/10012903648
The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The paper uses data from the Malaysian manufacturing census to measure the country's hypothetical productivity gains when moving toward the level of within-sector allocative...
Persistent link: https://www.econbiz.de/10012924382
are removed to the level of selected developed countries with better resource allocation, the increase in TFP would be of …
Persistent link: https://www.econbiz.de/10012900875
This paper uses comprehensive and comparable firm-level manufacturing census data from four Sub-Saharan African countries to examine the extent, costs, and nature of within-industry resource misallocation across heterogeneous firms. The paper finds evidence of severe misallocation in which...
Persistent link: https://www.econbiz.de/10012934838
Bangladesh has achieved robust economic growth over the past 10 years, with real GDP growing by more than 6 percent on average each year. This paper investigates whether the country will be able to maintain such high levels of growth going forward. A simple growth model calibrated to the...
Persistent link: https://www.econbiz.de/10012964733
Uganda's growth in gross domestic product of the 2000s was accompanied by high growth rates of labor productivity across industries producing tradable goods and services. This came about primarily as a result of investment in equipment and other fixed assets, but also entailed substantial gains...
Persistent link: https://www.econbiz.de/10012967123
This paper uses Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the "Arab Spring." The results suggest that the loss was 5.5 percent, 5.1 percent, and 6.4 percent of GDP in 2011, 2012, and 2013 respectively. These findings are robust to a series of tests,...
Persistent link: https://www.econbiz.de/10012967832
This paper presents evidence suggesting that the relationship between income and economic structure is shifting over time, with countries across the income distribution uniformly increasing the share of labor in service sectors and an increasingly less stark relationship between manufacturing...
Persistent link: https://www.econbiz.de/10012968717