Misallocation of human capital across sectors can have substantial negative implications for aggregate output. So far …, the literature examining this type of labor misallocation has assumed a Cobb-Douglas production function. Our paper … substitutable than Cobb-Douglas assumes. Our counterfactual results indicate that human capital misallocation can explain …

financial crisis. This paper analyzes the effects of resource misallocation on total factor productivity (TFP) of the … census. We find that a reduction in resource misallocation accounts for about 46 percent of the growth in manufacturing TFP … reason for the reduction in resource misallocation during this period. …

misallocation in agriculture during the period between 2006 and 2016. Despite rapid growth in agricultural productivity and a … reallocation of factor inputs to more productive farmers, we find that misallocation across farmers remains high and increased …

-formal transitions. Our results show that productivity is considerably lower and misallocation more prevalent in the informal than in the …

, sodass es insgesamt nur zu einer schwachen Erholung der Industrieproduktion kommen dürfte. …

kommenden Jahr wird sich die Expansion fortsetzen, wenn auch mit geringerem Tempo. Die Industrieproduktion wird ihr Niveau von …

Anhaltspunkte zur Entwicklung der Industrieproduktion in Deutschland. Während der Coronakrise wird der Index arbeitstäglich …