Construct · 1 fields · 1 citations

misallocation: a standalone construct

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Development economics

the spread of inputs across firms in a way that differs from where they are most productive, lowering aggregate productivity.

In development economics, misallocation refers to the spread of inputs across firms in a way that differs from where they are most productive, lowering aggregate productivity. This meaning comes from Hsieh (2009) in Quarterly Journal of Economics.[1]

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Nearby constructs

aggregate3 fields · 6 citationsjingle · one word, three constructs ceiling4 fields · 8 citationsjingle · one word, four constructs development1 fields · 2 citationsanchor · a standalone construct

References

Hsieh, C., & Klenow, P. J. (2009). Misallocation and Manufacturing TFP in China and India. Quarterly Journal of Economics, 124(4), 1403-1448. https://doi.org/10.1162/qjec.2009.124.4.1403

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