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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...
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money in order to deliver more services • Expenditure grew 26% faster than income • Aggregate profitability fell by 10 … paying $9m to deliver additional services to the state in 2020. That is, they made a loss delivering these additional … services. Aggregate profitability fell by 10.5% and 54% of charities failed to keep pace with the Tasmanian Health CPI …
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to a sectoral reallocation of employment from manufacturing to services, leaving total employment unaffected. We …
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