establishments to quantify the extent of this misallocation in China and India compared to the U.S. in recent years. Compared to the … in China and India. When capital and labor are hypothetically reallocated to equalize marginal products to the extent … observed in the U.S., we calculate manufacturing TFP gains of 25-40% in China and 50-60% in India. …

establishments to quantify the potential extent of misallocation in China and India compared to the U.S. Compared to the U.S., we ….S., we calculate manufacturing TFP gains of 30-50% in China and 40-60% in India …Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing …

establishments to quantify the potential extent of misallocation in China and India compared to the U.S. Compared to the U.S., we ….S., we calculate manufacturing TFP gains of 30-50% in China and 40-60% in India …Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing …

establishments to quantify the potential extent of misallocation in China and India compared to the U.S. Compared to the U.S., we ….S., we calculate manufacturing TFP gains of 30-50% in China and 40-60% in India …Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing …

US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and …

US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and …

US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and …