Indexing Structural Distortion : Sectoral Productivity, Structural Change and Growth /
This paper proposes a new index of sectoral labor distortion using employment and valueadded shares. We show that this index is highly correlated with growth both crosssectionally and over time. We also use it to compare the degree of distortion among countries and identify sectors where the potenti...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2017.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2017/205 |
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| On-line přístup: | Full text available on IMF |