Estimating Lost Output from Allocative Inefficiency, with an Application to Chile and Firing Costs
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https://www.nber.org/papers/w17373
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资源简介:
We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We show that the difference in the value of the marginal product of an input and its marginal cost at any plant - the plant-input "gap" - is exactly equal to the change in aggregate
提供机构:
美国国家经济研究局
创建时间:
2011-08-01



