作者
Chang-Tai Hsieh, Peter J Klenow
发表日期
2009/11
期刊
Quarterly Journal of Economics
简介
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 versus the United States. We measure sizable gaps in marginal products of labor and capital across plants within narrowly defined industries in China and India compared with the United States. When capital and labor are hypothetically reallocated to equalize marginal products to the extent observed in the United States, we calculate manufacturing TFP gains of 30%–50% in China and 40%–60%.in India.
引用总数
学术搜索中的文章
CT Hsieh, PJ Klenow - The Quarterly journal of economics, 2009