Dynamic Inputs and Resource (Mis)Allocation.

We investigate the role of dynamic production inputs and their associated adjustment costs in shaping the dispersion of static measures of capital misallocation within industries (and countries). Across nine data sets spanning 40 countries, we find that industries exhibiting greater time-series vola...

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Bibliographic Details

Published in:	Journal of Political Economy Vol. 122; no. 5; pp. 1013 - 1064
Main Authors:	Asker, John, Collard-Wexler, Allan, De Loecker, Jan
Format:	Article
Published:	University of Chicago Press Oct2014
Subjects:	Industrial productivity Economics Cross-cultural studies Capital productivity Mathematical models Resource allocation > Mathematical models Asset allocation Mathematical models in business Mathematical models of capital investments Allocative efficiency (Economics) Mathematical models of capital
Online Access:	View this record in EBSCOhost