from trade are large if the economy is characterized by (i) extensive misallocation, i.e., large inefficiencies associated …

the misallocation of production function has contributed to the weakness in productivity. Factors behind this … misallocation of production factors on productivity and assess their role for the weakness in productivity growth in Germany … productivity growth is damped due to the misallocation of production factors is increasing. …

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In … distortions for firms. Misallocation arises when similar firms are faced with land prices that effectively prevent productive … firms from establishing in large cities where they can benefit from agglomeration forces and access to higher productivity …

This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard … subnational authorities over general economic activity. In particular, the case of China, where town and village enterprises have …, despite decentralizing reforms. The implications of differences in decentralization for fiscal outcomes and economic growth …

This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard … subnational authorities over general nomic activity. In particular, the case of China, where town and village enterprises have … decentralizing reforms. The implications of ferences in decentralization for fiscal outcomes and economic growth are discussed. The …

Regional disparities within the People's Republic of China are now an important policy question. Recently the three …