Misallocation and Manufacturing TFP in Colombia.
Following Hsieh and Klenow (2009) this paper studies productivity dispersion in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. We consider how much a hypothetical removal of firm-level distortions would increase manufacturing productivity...
| Publicado en: | Economía Vol. 23; no. 1; pp. 1 - 30 |
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| Autores principales: | , , |
| Formato: | Artículo |
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London School of Economics & Political Science
2024
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=182276519&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 182276519 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 15297470 N8H jtl: Economía issn: 15297470 maglogo: N pubinfo: dt: 2024 vid: 23 iid: 1 pid: 66142 pub: London School of Economics & Political Science artinfo: ui: 182276519 10.31389/eco.431 ppf: 1 ppct: 29 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.8MB tig: atl: Misallocation and Manufacturing TFP in Colombia. aug: au: Camacho, Adriana Conover, Emily Scrimgeour, Dean affil: Universidad de los Andes, Facultad de Economía and CEDE, CO Hamilton College, US Colgate University, US su: Colombia Elasticity (Economics) Industrial productivity Factors of production Calibration Dispersion (Chemistry) sug: subj: Elasticity (Economics) Industrial productivity Colombia Factors of production Calibration Dispersion (Chemistry) keyword: manufacturing misallocation reallocating factors of production Total Factor Productivity manufacturing misallocation reallocating factors of production Total Factor Productivity ab: Following Hsieh and Klenow (2009) this paper studies productivity dispersion in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. We consider how much a hypothetical removal of firm-level distortions would increase manufacturing productivity in Colombia and compare it with the United States. We find that such a reallocation would increase manufacturing Total Factor Productivity (TFP) in Colombia around 15% more than in the United States in our baseline calibration. We find that distortions have been increasing over time. Productivity gains are larger if we use Colombia's higher estimated elasticity of output with respect to capital. Furthermore we show that TFP is positively correlated with exporting status, age, size, and location in the Oriental region and the capital of the country. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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