Articles 1 - 1 of 1
Full-Text Articles in Macroeconomics
Essays On Growth And Input Misallocation In China, Wenya Wang
Electronic Thesis and Dissertation Repository
My thesis consists of three chapters that contribute to the study of input misallocation and TFP growth in China.
In Chapter 2, I compare the misallocation of intermediate goods to those of capital and labor, which have been extensively studied in the literature. To measure misallocation, I compute the dispersion of marginal products of intermediate goods across firms, and the potential output gains by eliminating this dispersion in China Industrial Enterprise Survey (CIES) data. Although the within-industry dispersion of marginal products of intermediates is smaller than that of capital and labor, gross output and value added gains from reallocating intermediate ...