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Reallocation, Misallocation and Domestic Flying Geese -- A Perspective of TFP Decomposition
Cheng, Wenyin - 2019
Despite the remarkable growth rate in the past three decades, China has been also experiencing serious misallocation …, which gradually manifests its severe impediment for further development of China's economy. By introducing the index of unit …, while misallocation still remains serious — welfare loss from misallocation accounts for about 30% of manufacturing value …
Persistent link: https://www.econbiz.de/10012890797
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Contagion, Migration and Misallocation in a Pandemic
Tang, Ke; Xie, Danxia; Zhang, Longtian - 2021
We present a multi-city economic model to study the endogenous choice of migration and to evaluate various policy alternatives during a pandemic. We combine a traditional epidemic dynamic model with endogenous migration decisions between cities and provide analytical solutions under two...
Persistent link: https://www.econbiz.de/10013248191
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Resource misallocation in the presence of R&D spillovers
Li, Kun; Azacis, Helmuts; Luintel, Kul Bahadur - 2023
We study resource misallocation by explicitly modelling R&D input and knowledge spillovers. The effects of R&D and spillovers on firm-level productivity are extensively studied in applied work, but not in the context of resource misallocation. We establish that, in the presence of spillovers,...
Persistent link: https://www.econbiz.de/10014433378
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Econometric Analysis Of Efficiency In The Indian Manufacturing Sector
Dimitriu, Maria Caracota; Savu, Blessy Mathew - In: Journal for Economic Forecasting (2010) 1, pp. 182-197
data for the entire manufacturing sector in India. Using stochastic frontier approach, and therein the maximum likelihood …Performance in the manufacturing sector, in relation to productivity growth, scale efficiency and technical efficiency … in India is dichotomous in nature, depending on whether the firm in question functions in the formal or informal sector …
Persistent link: https://www.econbiz.de/10008457161
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Capital and labour (mis)allocation in the euro area: some stylized facts and determinants
Gamberoni, Elisa; Giordano, Claire; Lopez-Garcia, Paloma - 2016
We analyse the evolution of capital and labour (mis)allocation across firms in five euro-area countries (Belgium, France, Germany, Italy and Spain) and eight main sectors of the economy during the period 2002-2012. Three key stylized facts emerge. First, in all countries with the exception of...
Persistent link: https://www.econbiz.de/10011606026
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A sequential Malmquist-Luenberger productivity index
Oh, Donghyun; Heshmati, Almas - 2009
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10003859322
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A Sequential Malmquist-Luenberger Productivity Index
Oh, Donghyun - 2009
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10013159334
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The Many Decompositions of Total Factor Productivity Change
Balk, Bert M. - 2019
Total factor productivity change, here defined as output quantity change divided by input quantity change, is the combined result of (technical) efficiency change, technological change, a scale effect, and input and output mix effects. Sometimes allocative efficiency change is supposed to also...
Persistent link: https://www.econbiz.de/10012899482
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Productivity and Resource Misallocation : Evidence From Firms in Middle East and North Africa (MENA) Region Countries
Giovanis, Eleftherios - 2019
Resource reallocation from low to high productivity firms can generate large aggregate productivity gains with further potential benefits to economic growth. This study examines the productivity and resource misallocation in a sample of countries in the Middle East and North Africa (MENA) region...
Persistent link: https://www.econbiz.de/10012867624
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Investment climate assessment based on demean Olley and Pakes decompositions: methodology and application to Turkey's investment climate survey
Escribano, Alvaro; Guasch, J. Luis; Orte, Manuel De; … - Departamento de Economía, Universidad Carlos III de Madrid - 2008
level data bases from Turkey’s manufacturing sector based on Investment Climate surveys (ICs) done by the World Bank. These …
Persistent link: https://www.econbiz.de/10005111036