Misallocation, economic growth, and input-output economics
by Charles I. Jones
"One of the most important developments in the growth literature of the last decade is the enhanced appreciation of the role that the misallocation of resources plays in helping us understand income differences across countries. Misallocation at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading growth researchers in new directions, two examples being the extensive use of firm-level data and the exploration of input-output tables, and promises to yield new insights on why some countries are so much richer than others"--National Bureau of Economic Research web site.
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Misallocation, economic growth, and input-output economics
2011, National Bureau of Economic Research
Electronic resource
in English
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Title from PDF file as viewed on 5/5/2011.
Includes bibliographical references.
Also available in print.
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Mode of access: World Wide Web.
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| October 17, 2020 | Edited by MARC Bot | import existing book |
| July 26, 2011 | Created by LC Bot | import new book |