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Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Misallocation Firms Investor Rights Financing Obstacles MPK
2015/9/21
We study capital misallocation within and across 10 African countries using the World Bank
Enterprise Surveys. First, we compare the extent of misallocation among rms within countries. We document h...
MISALLOCATION AND MANUFACTURING TFP IN CHINA AND INDIA
The allocation of resources productivity micro data plants allocation of capital
2015/7/20
Resource misallocation can lower aggregate total factor productivity (TFP). We use microdata on manufacturing establishments to quantify the potential extent
of misallocation in China and India versu...