Why Does Misallocation Persist?

Recent papers argue that the misallocation of resources can explain large cross-country TFP differences. This argument is underpinned by empirical evidence documenting substantial dispersion in the marginal products of resources, particularly capital, in developing countries. But why does misallocat...

תיאור מלא

מידע ביבליוגרפי
Main Authors: Banerjee, Abhijit, Moll, Benjamin
מחברים אחרים: Massachusetts Institute of Technology. Department of Economics
פורמט: Article
יצא לאור: American Economic Association 2018
גישה מקוונת:http://hdl.handle.net/1721.1/113837
https://orcid.org/0000-0001-9923-6088