EconPapers    
Economics at your fingertips  
 

Misallocation and Aggregate Productivity across Time and Space

Diego Restuccia ()

Working Papers from University of Toronto, Department of Economics

Abstract: Productivity is at the core of the large differences in per-capita income across countries. What accounts for international productivity differences? I discuss the possible cross-country differences in the allocation of inputs across heterogeneous production units---misallocation---as a factor in accounting for aggregate productivity. The policies and institutions generating misallocation are prevalent in poor and developing countries, and may also be responsible for differences in the selection and technology use of operating producers, contributing substantially to per-capita income differences across countries.

Keywords: productivity; misallocation; selection; technology; regulation; trade; financial frictions; agriculture. (search for similar items in EconPapers)
JEL-codes: O11 O14 O4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-tid
Date: 2018-02-08
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.economics.utoronto.ca/public/workingPapers/tecipa-596.pdf Main Text (application/pdf)

Related works:
Journal Article: Misallocation and aggregate productivity across time and space (2019) Downloads
Working Paper: Misallocation and Aggregate Productivity across Time and Space (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tor:tecipa:tecipa-596

Access Statistics for this paper

More papers in Working Papers from University of Toronto, Department of Economics 150 St. George Street, Toronto, Ontario.
Bibliographic data for series maintained by RePEc Maintainer ().

 
Page updated 2019-10-16
Handle: RePEc:tor:tecipa:tecipa-596