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Misallocation or Mismeasurement?

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NBER2020-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26711
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The ratio of revenue to inputs differs greatly across plants within countries such as the U.S. and India. Such gaps may reflect misallocation which hinders aggregate productivity. But differences in measured average products need not reflect differences in true marginal products. We propose a way to
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2020-02-01
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