Misallocation, economic growth, and input-output economics
By: Charles I. Jones
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16742; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16742.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "One of the most important developments in the growth literature of the last decade is the enhanced appreciation of the role that the misallocation of resources plays in helping us understand income differences across countries.  Misallocation at the micro level typically reduces total factor productivity at the macro level.  Quantifying these effects is leading growth researchers in new directions, two examples being the extensive use of firm-level data and the exploration of input-output tables, and promises to yield new insights on why some countries are so much richer than others"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 5/5/2011.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.