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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Détails bibliographiques
Auteur principal: Dias, Daniel
Autres auteurs: Richmond, Christine, Robalo Marques, Carlos
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/220
Accès en ligne:Full text available on IMF