第一个主题:经济增长 第25篇文献:Heieh Chang-Tai and Klenow Peter J.Misallocation and manufacturing TFP in China and India [J]. The Quarterly Journal of Economics,2009, 124(4), 1403–1448.
核心结论
We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. When capital and labor are hypothetically reallocated to equalize marginal products to the extent observed in the United States, we calculate manufacturing TFP gains of 30%-50% in China and 40%-60% in India.