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Shenoy, Ajay - 2015

I develop a method to measure and separate the production misallocation caused by failures in factor markets versus financial markets. When I apply the method to rice farming villages in Thailand I find surprisingly little misallocation. Optimal reallocation would increase output in most...

Persistent link: https://www.econbiz.de/10010499584

Market Failures and Misallocation

Shenoy, Ajay - 2015

Persistent link: https://www.econbiz.de/10013037374

Market failures and misallocation

Shenoy, Ajay - In: Journal of development economics 128 (2017), pp. 65-80

Persistent link: https://www.econbiz.de/10011792334

Labor elasticities, market failures, and misallocation : evidence from Indian agriculture

Merfeld, Joshua D. - In: Agricultural economics : the journal of the … 54 (2023) 5, pp. 623-637

Persistent link: https://www.econbiz.de/10014432214

Service matters : capital misallocation and sectoral economic growth

Choi, Woo Jin; Roh, Woo Jin - In: KDI-journal of economic policy 45 (2023) 1, pp. 1-32

Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue that capital misallocation, especially in the service sector, could contribute to this slowdown. Utilizing firm and sectoral level data, first we assess the rising dispersion of...

Persistent link: https://www.econbiz.de/10014235255

Tasmania's Community Services Industry : Sustainability and Market Failure Risk

Gilchrist, David; Feenan, Clare - 2023

money in order to deliver more services • Expenditure grew 26% faster than income • Aggregate profitability fell by 10 … paying $9m to deliver additional services to the state in 2020. That is, they made a loss delivering these additional … services. Aggregate profitability fell by 10.5% and 54% of charities failed to keep pace with the Tasmanian Health CPI …

Persistent link: https://www.econbiz.de/10014264305