Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
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We study capital misallocation within and across 10 African countries using the World Bank Enterprise Surveys. First, we compare the extent of misallocation among firms within countries. We document high variation in firms' marginal product of capital (MPK), implying that countries could produce
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美国国家经济研究局创建时间：
2012-05-01
