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This paper aims to measure the gross output loss due to misallocation of resources in Mexico during 2008-2018 and to … measurement error. I find that the misallocation in Mexico is mainly in the service sector, as a result of capital and labor … misallocation. Furthermore, econometric results show that formal firms are more affected than informal firms by distortions to their …
Persistent link: https://www.econbiz.de/10014390552
gains in labor productivity in recent decades in many developing countries. This paper offers a new perspective into the …. We argue that subnational differences in the intersectoral productivity gap between the nonfarm informal and formal … sectors constrain the productivity gain from structural transformation. In Ghana, intersectoral productivity gaps among the …
Persistent link: https://www.econbiz.de/10012519218
productivity ; capacity utilization ; aggregation ; panel data …
Persistent link: https://www.econbiz.de/10003757275
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10011378362
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 … productivity and allocation efficiency, while in all cases obstacles in SBRs present a negative and significant correlation with …
Persistent link: https://www.econbiz.de/10012867624
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10012976846
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012923225
This paper analyses plant entry, total factor productivity growth, average productivity level differentials and … industry productivity and induced plant restructuring among incumbent plants. There is consistent plant heterogeneity across … that entrants adopted competitive post-entry strategies. Total factor productivity growth decomposition shows that the …
Persistent link: https://www.econbiz.de/10012749815
This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes … in productivity in individual firms at a given size (relative to market). And, ii) a reallocation process due to …
Persistent link: https://www.econbiz.de/10012446254
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011815929