Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries

Several factors distorting the allocation of resources across heterogeneous production units can be responsible for differences in total factor productivity (TFP) and output per capita across countries. Identifying and measuring the effect of specific distortions at country level have relevant polic...

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Autores principales: Fossati, Román, Stivali, Matheus
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2018
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/164799
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spelling I19-R120-10915-1647992024-04-12T20:01:44Z http://sedici.unlp.edu.ar/handle/10915/164799 Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries Fossati, Román Stivali, Matheus 2018-11 2018 2024-04-12T18:18:16Z en Ciencias Económicas total factor productivity resource-misallocation economic environment Several factors distorting the allocation of resources across heterogeneous production units can be responsible for differences in total factor productivity (TFP) and output per capita across countries. Identifying and measuring the effect of specific distortions at country level have relevant policy implications. This paper investigates the sources of resource misallocation in developing countries. The main contribution of it is to study the role of particular idiosyncratic distortions not considered in the current literature using comparable methodology and data for a broad set of developing countries. The results indicate that, in contrast with previous evidence documented in the literature, distortions affecting international trade and related to business licensing and operation permits as well as to informality are key factors damaging TFP in the set of developing countries we considered. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
total factor productivity
resource-misallocation
economic environment
spellingShingle Ciencias Económicas
total factor productivity
resource-misallocation
economic environment
Fossati, Román
Stivali, Matheus
Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
topic_facet Ciencias Económicas
total factor productivity
resource-misallocation
economic environment
description Several factors distorting the allocation of resources across heterogeneous production units can be responsible for differences in total factor productivity (TFP) and output per capita across countries. Identifying and measuring the effect of specific distortions at country level have relevant policy implications. This paper investigates the sources of resource misallocation in developing countries. The main contribution of it is to study the role of particular idiosyncratic distortions not considered in the current literature using comparable methodology and data for a broad set of developing countries. The results indicate that, in contrast with previous evidence documented in the literature, distortions affecting international trade and related to business licensing and operation permits as well as to informality are key factors damaging TFP in the set of developing countries we considered.
format Objeto de conferencia
Objeto de conferencia
author Fossati, Román
Stivali, Matheus
author_facet Fossati, Román
Stivali, Matheus
author_sort Fossati, Román
title Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
title_short Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
title_full Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
title_fullStr Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
title_full_unstemmed Extent and Determinants of Resource Misallocation: A Cross-section Study for Developing Countries
title_sort extent and determinants of resource misallocation: a cross-section study for developing countries
publishDate 2018
url http://sedici.unlp.edu.ar/handle/10915/164799
work_keys_str_mv AT fossatiroman extentanddeterminantsofresourcemisallocationacrosssectionstudyfordevelopingcountries
AT stivalimatheus extentanddeterminantsofresourcemisallocationacrosssectionstudyfordevelopingcountries
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