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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Dettagli Bibliografici
Autore principale: Dias, Daniel
Altri autori: Richmond, Christine, Robalo Marques, Carlos
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/220
Accesso online:Full text available on IMF