Structural Reforms and Labor Reallocation : A Cross-Country Analysis /

Institutional and market frictions impose costs on the reallocation of labor from low to high productivity sectors, leading to suboptimal allocations and a loss in aggregate labor productivity. Using cross-country sector-level data, we use a dynamic panel error correction model to compute the speed...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: ElFayoumi, Khalid
Weitere Verfasser: Auclair, Gregory, Nadeem, Sanaa, Ndoye, Anta
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/064
Online Zugang:Full text available on IMF