NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Misallocation, Economic Growth, and Input-Output Economics

Charles I. Jones

NBER Working Paper No. 16742
Issued in January 2011
NBER Program(s):   EFG   PR

One of the most important developments in the growth literature of the last decade is the enhanced appreciation of the role that the misallocation of resources plays in helping us understand income differences across countries. Misallocation at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading growth researchers in new directions, two examples being the extensive use of firm-level data and the exploration of input-output tables, and promises to yield new insights on why some countries are so much richer than others.

download in pdf format
   (469 K)

email paper

This paper is available as PDF (469 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w16742

Published: "Misallocation, Input-Output Economics, and Economic Growth" in D. Acemoglu, M. Arellano, and E. Dekel, Advances in Economics and Econometrics, Tenth World Congress, Volume II, Cambridge University Press, 2013.

Users who downloaded this paper also downloaded these:
Collard-Wexler, Asker, and De Loecker w17175 Productivity Volatility and the Misallocation of Resources in Developing Economies
Bartlesman, Haltiwanger, and Scarpetta w15490 Cross-Country Differences in Productivity: The Role of Allocation and Selection
Midrigan and Xu w15647 Finance and Misallocation: Evidence from Plant-level Data
Jones w17094 Life and Growth
Jones and Romer w15094 The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us