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Republic of Korea manufacturing sector from 1982 to 2007. They find improvement in the aggregate allocative efficiency during … establishments and their measured idiosyncratic distortions over the sample period. Their finding suggests that the observed … dispersion in revenue productivity should not be dismissed as mere artifacts of misspecification or measurement errors …
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It is well established that mis-allocation of factor resources lowers productivity. In this paper, I use data from both … formal and informal firms to study distortions in input and output markets as sources of mis-allocation in the Indian … factor revenue productivity (TFPR). I also decompose the variance in TFPR and show that raw material and output distortions …
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Previous studies believe simply that manufacturing intelligence is just a kind of technological progress. This paper … proposes that the impact of manufacturing intelligence on the economy and society is not only technical, but also has a … that without robot adaption, the productivity of enterprises that use intelligence robots increases by 27.1%, and the …
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