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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Dias, Daniel
Weitere Verfasser: Richmond, Christine, Robalo Marques, Carlos
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/220
Online Zugang:Full text available on IMF