On the Allocation of Resources in Developing East Asia and Pacific

Over the past decades, East Asia and Pacific's productivity has been gradually catching up with the frontier (the United States), with China leading the pack. Productivity growth has been driven by sustained within-sector productivity growth....

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Main Authors:	De Nicola, Francesca, Kehayova, Vera, Nguyen, Ha
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	PRODUCTIVITY RESOURCE ALLOCATION DISTORTIONS SHARED PROSPERITY EXTREME POVERTY LABOR MARKET LABOR PRODUCTIVITY
Online Access:	http://documents.worldbank.org/curated/en/467851541014678219/On-the-Allocation-of-Resources-in-Developing-East-Asia-and-Pacific http://hdl.handle.net/10986/30655

id	okr-10986-30655
recordtype	oai_dc
spelling	okr-10986-306552021-06-08T14:42:48Z On the Allocation of Resources in Developing East Asia and Pacific De Nicola, Francesca Kehayova, Vera Nguyen, Ha PRODUCTIVITY RESOURCE ALLOCATION DISTORTIONS SHARED PROSPERITY EXTREME POVERTY LABOR MARKET LABOR PRODUCTIVITY Over the past decades, East Asia and Pacific's productivity has been gradually catching up with the frontier (the United States), with China leading the pack. Productivity growth has been driven by sustained within-sector productivity growth. Reallocation of labor to sectors with higher productivity, such as industry and services, also contributed to productivity improvements. Nevertheless, resource misallocation remains. Firm-level evidence from four East Asia and Pacific countries (Indonesia, Malaysia, the Philippines, and Vietnam) suggests that resource misallocation across firms within a sector is large, albeit declining over time. Private domestic firms and firms with higher productivity face larger distortions. 2018-11-01T21:33:33Z 2018-11-01T21:33:33Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/467851541014678219/On-the-Allocation-of-Resources-in-Developing-East-Asia-and-Pacific http://hdl.handle.net/10986/30655 English Policy Research Working Paper;No. 8634 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia Indonesia Malaysia Philippines Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PRODUCTIVITY RESOURCE ALLOCATION DISTORTIONS SHARED PROSPERITY EXTREME POVERTY LABOR MARKET LABOR PRODUCTIVITY
spellingShingle	PRODUCTIVITY RESOURCE ALLOCATION DISTORTIONS SHARED PROSPERITY EXTREME POVERTY LABOR MARKET LABOR PRODUCTIVITY De Nicola, Francesca Kehayova, Vera Nguyen, Ha On the Allocation of Resources in Developing East Asia and Pacific
geographic_facet	East Asia and Pacific East Asia Indonesia Malaysia Philippines Vietnam
relation	Policy Research Working Paper;No. 8634
description	Over the past decades, East Asia and Pacific's productivity has been gradually catching up with the frontier (the United States), with China leading the pack. Productivity growth has been driven by sustained within-sector productivity growth. Reallocation of labor to sectors with higher productivity, such as industry and services, also contributed to productivity improvements. Nevertheless, resource misallocation remains. Firm-level evidence from four East Asia and Pacific countries (Indonesia, Malaysia, the Philippines, and Vietnam) suggests that resource misallocation across firms within a sector is large, albeit declining over time. Private domestic firms and firms with higher productivity face larger distortions.
format	Working Paper
author	De Nicola, Francesca Kehayova, Vera Nguyen, Ha
author_facet	De Nicola, Francesca Kehayova, Vera Nguyen, Ha
author_sort	De Nicola, Francesca
title	On the Allocation of Resources in Developing East Asia and Pacific
title_short	On the Allocation of Resources in Developing East Asia and Pacific
title_full	On the Allocation of Resources in Developing East Asia and Pacific
title_fullStr	On the Allocation of Resources in Developing East Asia and Pacific
title_full_unstemmed	On the Allocation of Resources in Developing East Asia and Pacific
title_sort	on the allocation of resources in developing east asia and pacific
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/467851541014678219/On-the-Allocation-of-Resources-in-Developing-East-Asia-and-Pacific http://hdl.handle.net/10986/30655
_version_	1764472543057543168

On the Allocation of Resources in Developing East Asia and Pacific

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