Misallocation Measures: The Distortion That Ate the Residual
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https://www.nber.org/papers/w24199
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A large literature on misallocation and productivity has arisen in recent years, with Hsieh and Klenow (2009; hereafter HK) as its standard empirical framework. The frameworks usefulness and theoretical founding make it a valuable starting point for analyzing misallocations. However, we show this
提供机构:
美国国家经济研究局
创建时间:
2018-01-01



