Add to ORKGResource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing establishments to quantify the potential extent of misallocation in China and India compared to the U.S. Compared to the U.S., we measure sizable gaps in marginal products of labor and capital across plants within narrowly-defined industries in China and India. When capital and labor are hypothetically reallocated to equalize marginal products to the extent observed in the U.S., we calculate manufacturing TFP gains of 30-50% in China and 40-60% in India.
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
Misallocation of resources across firms leads to lower aggregate productivity. In this paper, we pro...
This study fills some of the gaps in the literature on resource misallocation in Indian manufacturin...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on man...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manuf...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
Misallocation of resources across firms leads to lower aggregate productivity. In this paper, we pro...
This study fills some of the gaps in the literature on resource misallocation in Indian manufacturin...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...
When capital and labor are not allocated to the more productive firms, aggregate total factor produc...