A Tale of Two Sectors : Why is Misallocation Higher in Services than in Manufacturing? /

Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap, by re...

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Autor principal: Dias, Daniel
Altres autors: Richmond, Christine, Robalo Marques, Carlos
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2016.
Col·lecció:IMF Working Papers; Working Paper ; No. 2016/220
Accés en línia:Full text available on IMF