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Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China

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NBER2017-01-01 更新2025-01-04 收录
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We use household-level panel data from China and a quantitative framework to document the extent and consequences of factor misallocation in agriculture. We find that there are substantial within- village frictions in both the land and capital markets linked to land institutions in rural China that

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2017-01-01
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