The Global (Mis)Allocation of Capital
Author
Abstract
Suggested Citation
DOI: 10.17016/IFDP.2024.1399
Download full text from publisher
References listed on IDEAS
- Merton, Robert C, 1974.
"On the Pricing of Corporate Debt: The Risk Structure of Interest Rates,"
Journal of Finance, American Finance Association, vol. 29(2), pages 449-470, May.
- Merton, Robert C., 1973. "On the pricing of corporate debt: the risk structure of interest rates," Working papers 684-73., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Olley, G Steven & Pakes, Ariel, 1996.
"The Dynamics of Productivity in the Telecommunications Equipment Industry,"
Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
- George S Olley & Ariel Pakes, 1992. "The Dynamics Of Productivity In The Telecommunications Equipment Industry," Working Papers 92-2, Center for Economic Studies, U.S. Census Bureau.
- G. Steven Olley & Ariel Pakes, 1992. "The Dynamics of Productivity in the Telecommunications Equipment Industry," NBER Working Papers 3977, National Bureau of Economic Research, Inc.
- Paul Carrillo & Dave Donaldson & Dina Pomeranz & Monica Singhal, 2023.
"Misallocation in Firm Production: A Nonparametric Analysis Using Procurement Lotteries,"
CESifo Working Paper Series
10485, CESifo.
- Paul Carrillo & Dave Donaldson & Dina Pomeranz & Monica Singhal, 2023. "Misallocation in Firm Production: A Nonparametric Analysis Using Procurement Lotteries," NBER Working Papers 31311, National Bureau of Economic Research, Inc.
- James Levinsohn & Amil Petrin, 2003. "Estimating Production Functions Using Inputs to Control for Unobservables," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 317-341.
- G. M. Grossman & K. Rogoff (ed.), 1995. "Handbook of International Economics," Handbook of International Economics, Elsevier, edition 1, volume 3, number 3.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Brugués, Felipe & Brugués, Javier & Giambra, Samuele, 2024. "Political connections and misallocation of procurement contracts: Evidence from Ecuador," Journal of Development Economics, Elsevier, vol. 170(C).
- Baybars Karacaovali, 2011.
"Productivity Matters For Trade Policy: Theory And Evidence,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 33-62, February.
- Karacaovali, Baybars, 2006. "Productivity matters for trade policy : theory and evidence," Policy Research Working Paper Series 3925, The World Bank.
- Baybars Karacaovali, 2008. "Productivity Matters for Trade Policy: Theory and Evidence," Fordham Economics Discussion Paper Series dp2008-14, Fordham University, Department of Economics.
- Gao, Peng & He, Ling & Hu, Shiyang & Xin, Qingquan, 2024. "Double-edged sword: Does strong creditor protection in the bankruptcy process affect firm productivity," International Review of Financial Analysis, Elsevier, vol. 95(PA).
- Hiroki, Takashi & Iwatsubo, Kentaro & Watkins, Clinton, 2022. "Does firm-level productivity predict stock returns?," Pacific-Basin Finance Journal, Elsevier, vol. 72(C).
- Bruno Merlevede & Angelos Theodorakopoulos, 2018.
"Productivity Effects of Internationalisation Through the Domestic Supply Chain: Evidence from Europe,"
Working Papers of VIVES - Research Centre for Regional Economics
627689, KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics.
- Bruno Merlevede & Angelos Theodorakopoulos, 2018. "Productivity Effects Of Internationalisation Through The Domestic Supply Chain: Evidence From Europe," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 18/949, Ghent University, Faculty of Economics and Business Administration.
- Giorgio Brunello & Áron Gereben & Désirée Rückert & Christoph Weiss & Patricia Wruuck, 2022. "Do investments in human and physical capital respond differently to financing constraints?," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 158(1), pages 1-14, December.
- Guerini, Mattia & Nesta, Lionel & Ragot, Xavier & Schiavo, Stefano, 2024.
"Zombification of the economy? Assessing the effectiveness of French government support during COVID-19 lockdown,"
Journal of Economic Behavior & Organization, Elsevier, vol. 218(C), pages 263-280.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," GREDEG Working Papers 2022-24, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support during Covid-19 Lockdown," CESifo Working Paper Series 9850, CESifo.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2024. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support during Covid-19 Lockdown," SciencePo Working papers Main hal-04384037, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," SciencePo Working papers Main hal-04288928, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Shiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," Working Papers hal-03794432, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2024. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support during Covid-19 Lockdown," Post-Print hal-04384037, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," Working Papers hal-04288928, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," LEM Papers Series 2022/20, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2024. "Zombification of the economy? Assessing the effectiveness of French government support during COVID-19 lockdown," Post-Print hal-04391356, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Shiavo, 2022. "The Zombification of the Economy? Assessing the Effectiveness of French Government Support During COVID-19 Lockdown," SciencePo Working papers Main hal-03794432, HAL.
- Mattia Guerini & Lionel Nesta & Xavier Ragot & Stefano Schiavo, 2024. "Zombification of the economy? Assessing the effectiveness of French government support during COVID-19 lockdown," SciencePo Working papers Main hal-04391356, HAL.
- Ensar Yılmaz & Zeynep Kaplan, 2022. "Heterogeneity of market power: firm-level evidence," Economic Change and Restructuring, Springer, vol. 55(2), pages 1207-1228, May.
- Andrés César & Guillermo Falcone, 2020.
"Heterogeneous Effects of Chinese Import Competition on Chilean Manufacturing Plants,"
Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 1-60, December.
- César, Andrés & Falcone, Guillermo, 2017. "Heterogeneous effects of Chinese import competition on Chilean manufacturing plants," MPRA Paper 110075, University Library of Munich, Germany, revised Dec 2019.
- César, Andrés & Falcone, Guillermo, 2020. "Heterogeneous effects of Chinese import competition on Chilean manufacturing plants," LSE Research Online Documents on Economics 123135, London School of Economics and Political Science, LSE Library.
- Giovanni Calice & Levent Kutlu & Ming Zeng, 2021. "Understanding US firm efficiency and its asset pricing implications," Empirical Economics, Springer, vol. 60(2), pages 803-827, February.
- Mary Amiti & Jozef Konings, 2007.
"Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia,"
American Economic Review, American Economic Association, vol. 97(5), pages 1611-1638, December.
- Mary Amiti & Mr. Jozef G Konings, 2005. "Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia," IMF Working Papers 2005/146, International Monetary Fund.
- Amiti, Mary & Konings, Jozef, 2005. "Trade Liberalization, Intermediate Inputs and Productivity: Evidence from Indonesia," CEPR Discussion Papers 5104, C.E.P.R. Discussion Papers.
- Yuan, Li & Rao, Siqi & Yang, Shenggang & Dai, Pengyi, 2023. "Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
- Rodríguez-Pose, Andrés & Tselios, Vassilis & Winkler, Deborah & Farole, Thomas, 2013.
"Geography and the Determinants of Firm Exports in Indonesia,"
World Development, Elsevier, vol. 44(C), pages 225-240.
- RodrÃguez-Pose, Andrés & Tselios, Vassilis & Winkler, Deborah & Farole, Thomas, 2013. "Geography and the Determinants of Firm Exports in Indonesia," CEPR Discussion Papers 9342, C.E.P.R. Discussion Papers.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2008.
"Spatial Concentration and Firm-Level Productivity in France,"
Sciences Po publications
6858, Sciences Po.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2008. "Spatial Concentration and Firm-Level Productivity in France," SciencePo Working papers hal-01066174, HAL.
- Martin, Philippe & Mayer, Thierry & Mayneris, Florian, 2008. "Spatial Concentration and Firm-Level Productivity in France," CEPR Discussion Papers 6858, C.E.P.R. Discussion Papers.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2008. "Spatial Concentration and Firm-Level Productivity in France," Working Papers hal-01066174, HAL.
- Mohamed Amara & Khaled Thabet, 2019.
"Firm and regional factors of productivity: a multilevel analysis of Tunisian manufacturing,"
The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(1), pages 25-51, August.
- Mohamed Amara & Khaled Thabet, 2016. "Firm and Regional Factors of Productivity: A Multilevel Analysis of Tunisian Manufacturing," Working Papers 1041, Economic Research Forum, revised 09 Jan 2016.
- Martin, Philippe & Mayer, Thierry & Mayneris, Florian, 2011.
"Public support to clusters: A firm level study of French "Local Productive Systems","
Regional Science and Urban Economics, Elsevier, vol. 41(2), pages 108-123, March.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2008. "Public support to clusters : a firm level study of French 'local productive systems'," SciencePo Working papers Main hal-01066195, HAL.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2011. "Public support to clusters. A firm level study of french 'local productive systems'," Post-Print hal-01071850, HAL.
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2011. "Public support to clusters. A firm level study of french 'local productive systems'," SciencePo Working papers Main hal-01071850, HAL.
- MARTIN, Philippe & MAYER, Thierry & MAYNERIS, Florian, 2011. "Public support to clusters. A firm level study of French "Local Productive Systems"," LIDAM Reprints CORE 2287, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Philippe Martin & Thierry Mayer & Florian Mayneris, 2008. "Public support to clusters : a firm level study of French 'local productive systems'," Working Papers hal-01066195, HAL.
- Martin, Philippe & Mayer, Thierry & Mayneris, Florian, 2008. "Public Support to Clusters: A Firm Level Study of French ?Local Productive Systems?," CEPR Discussion Papers 7102, C.E.P.R. Discussion Papers.
- Martha Denisse Pierola & Ana Margarida Fernandes & Thomas Farole, 2018.
"The role of imports for exporter performance in Peru,"
The World Economy, Wiley Blackwell, vol. 41(2), pages 550-572, February.
- Pierola Castro,Martha D. & Fernandes,Ana Margarida & Farolec,Thomas & Pierola Castro,Martha D. & Fernandes,Ana Margarida & Farolec,Thomas, 2015. "The role of imports for exporter performance in Peru," Policy Research Working Paper Series 7492, The World Bank.
- Benoit Dostie & Pierre Thomas Léger, 2014.
"Firm-Sponsored Classroom Training: Is It Worth It for Older Workers?,"
Canadian Public Policy, University of Toronto Press, vol. 40(4), pages 377-390, December.
- Benoit Dostie & Pierre Thomas Léger, 2011. "Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?," Cahiers de recherche 11-06, HEC Montréal, Institut d'économie appliquée.
- Benoit Dostie & Pierre-Thomas Léger, 2012. "Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?," CIRANO Papers 2012n-02a, CIRANO.
- Benoit Dostie & Pierre-Thomas Léger, 2011. "Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?," CIRANO Working Papers 2011s-69, CIRANO.
- Benoit Dostie & Pierre Thomas Léger, 2011. "Firm-Sponsored Classroom Training: is it Worth it for Older Workers ?," Cahiers de recherche 1136, CIRPEE.
- Dostie, Benoit & Léger, Pierre Thomas, 2011. "Firm-Sponsored Classroom Training: Is It Worth It for Older Workers?," IZA Discussion Papers 6123, Institute of Labor Economics (IZA).
- Massimo Colombo & Annalisa Croce & Samuele Murtinu, 2014. "Ownership structure, horizontal agency costs and the performance of high-tech entrepreneurial firms," Small Business Economics, Springer, vol. 42(2), pages 265-282, February.
- Sanjaya Malik, 2015. "Conditional technology spillovers from foreign direct investment: evidence from Indian manufacturing industries," Journal of Productivity Analysis, Springer, vol. 43(2), pages 183-198, April.
More about this item
Keywords
Productivity; Capital allocation; capital flows;All these keywords.
JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- F30 - International Economics - - International Finance - - - General
- F60 - International Economics - - Economic Impacts of Globalization - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedgif:1399. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ryan Wolfslayer ; Keisha Fournillier (email available below). General contact details of provider: https://edirc.repec.org/data/frbgvus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.