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...
Main Author: | |
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Other Authors: | , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2016.
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Series: | IMF Working Papers; Working Paper ;
No. 2016/220 |
Online Access: | Full text available on IMF |