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Regional allocation of public investment has been considered of a great interest over the years. Regional policy uses … investments as a basic developmental tool and it seeks for an effective allocation among the regions. In addition, national … national product. Therefore, an effective allocation by the central government is of a great significance. In addition …
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over 2004-2012 the allocation of public central fixed-capital investments in Turkey' 81 provinces. In spite of its low …
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This paper provides evidence that labor reallocation from the manufacturing into the non-manufacturing sector causes an increase in sorting of high-skilled (low-skilled) workers into high-paying (low-paying) firms and thereby triggers a rise in wage inequality. I use data on 50% of all West...
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analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … equilibrium is not efficient as firms fail to internalize the effect of their individual labor allocation on aggregate growth …
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