Misallocation and productivity

被引:392
|
作者
Restuccia, Diego [1 ]
Rogerson, Richard [2 ]
机构
[1] Univ Toronto, Dept Econ, Toronto, ON M5S 3G7, Canada
[2] Princeton Univ, Dept Econ, Princeton, NJ 08544 USA
关键词
Misallocation; Productivity; Heterogeneous establishments; Distortions; FINANCIAL INTERMEDIATION; TRADE LIBERALIZATION; INDUSTRY; SIZE; TURNOVER; DYNAMICS; GROWTH; IMPACT; MODEL; EXIT;
D O I
10.1016/j.red.2012.11.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
A large portion of differences in output per capita across countries is explained by differences in total factor productivity (TFP). In this article, we summarize a recent literature - and the articles in this special issue on misallocation and productivity - that focus on the reallocation of factors across heterogeneous production units as an important source of measured TFP differences Across countries. (C) 2012 Elsevier Inc. All rights reserved.
引用
收藏
页码:1 / 10
页数:10
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