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misallocation in agriculture during the period between 2006 and 2016. Despite rapid growth in agricultural productivity and a … productivity over time. Our analysis also reveals important differences between the north and south regions. …We examine important changes in agriculture in Viet Nam in the context of ongoing structural changes in the economy. We …
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We develop a theory linking "misallocation," i.e., dispersion in marginal products of capital (MPK), to macroeconomic … productivity by as much as 6%, suggesting large "productivity costs" of business cycles. …
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in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services …Recent empirical studies document that the level of resource misallocation in the service sector is significantly … estimates for Portugal (2008) show that closing this gap, by reducing misallocation in the service sector to manufacturing …
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The disparities in cross-country labor productivity are greater in agriculture than in other industries. I propose that … the misallocation of female talent across sectors distorts productivity. I formalize the theory by using a general … to US levels, agricultural labor productivity increases by 4.3-7.6 percent, nonagricultural labor productivity decreases …
Persistent link: https://www.econbiz.de/10014394245
-formal transitions. Our results show that productivity is considerably lower and misallocation more prevalent in the informal than in the … sector, this paper examines productivity dynamics of formal and informal firms. We decompose productivity changes into … formal sector. Yet, formalizing firms in Viet Nam make an important contribution to aggregate productivity growth among …
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