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Service matters : capital misallocation and sectoral economic growth
Choi, Woo Jin; Roh, Woo Jin - In: KDI-journal of economic policy 45 (2023) 1, pp. 1-32
Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue that capital misallocation, especially in the service sector, could contribute to this slowdown. Utilizing firm and sectoral level data, first we assess the rising dispersion of...
Persistent link: https://www.econbiz.de/10014235255
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Capital misallocation and financial development : a sector-level analysis
Marconi, Daniela; Upper, Christian - 2017
Persistent link: https://www.econbiz.de/10011947768
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Misallocation, economic growth, and input-output economics
Jones, Charles I. - 2013
Persistent link: https://www.econbiz.de/10010232594
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Misallocation, Economic Growth, and Input-Output Economics
Jones, Charles I. - 2011
at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …
Persistent link: https://www.econbiz.de/10013130964
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Misallocation, Economic Growth, and Input-Output Economics
Jones, Charles I. - 2011
at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …
Persistent link: https://www.econbiz.de/10012461916
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Capital misallocation and financial development : a sector-level analysis
Marconi, Daniela; Upper, Christian - 2017
Persistent link: https://www.econbiz.de/10011761638
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Potential growth, misallocation, and institutional obstacles : firm-level evidence
León-Ledesma, Miguel A. - 2016
One of the key determinants of potential growth are productivity gains. Total factor productivity (TFP) differences are …: the aggregate productivity loss from microeconomic distortions that prevent factors of production from being allocated to … key driver of productivity gains. Since distortions preventing misallocation can be driven by institutional obstacles …
Persistent link: https://www.econbiz.de/10011658836
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Pakistan and the rest : a tale of dismal productivity growth, misallocation, and missing transformation
Pirzada, Ahmed; Nakhoda, Aadil; Mohammad, Saihan; … - 2024
Persistent link: https://www.econbiz.de/10014464303
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Misallocation and productivity growth : a meta-analysis
Bun, Maurice J. G.; Kolaiti, Theoplasti; Özden, Tolga - 2023
Persistent link: https://www.econbiz.de/10014279815
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Misallocation and Productivity Growth : a Meta-analysis
bun, maurice; Kolaiti, Theoplasti; Ozden, Tolga - 2023
We use a meta-analysis to quantify the impact of misallocation of production factors on aggregate productivity. A key … estimate in empirical studies on misal- location is the implied aggregate total factor productivity (TFP) loss due to the sub …-optimal allocation of resources across firms. In our meta-analysis, we corre- late this effect size with various study characteristics …
Persistent link: https://www.econbiz.de/10014355758