Capital Allocation in Developing Countries

This paper investigates the sources of capital misallocation across a group of 11 developing and developed countries. The main findings are (i) technological frictions, namely, adjustment costs and uncertainty, account for only a modest share of ob...

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Bibliographic Details
Main Authors: David, Joel M., Venkateswaran, Venky, Cusolito, Ana Paula, Didier, Tatiana
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/495981569952792642/Capital-Allocation-in-Developing-Countries
http://hdl.handle.net/10986/32491