期刊名称:SERIEs: Journal of the Spanish Economic Association
印刷版ISSN:1869-4187
电子版ISSN:1869-4195
出版年度:2015
卷号:6
期号:3
页码:279-312
DOI:10.1007/s13209-015-0129-y
出版社:Springer Berlin / Heidelberg
摘要:We study the relationship between economic distortions and the size distribution of plants using comparable plant-level data across 104 developing countries. Our main result is to show that, other things equal, countries with larger economic distortions allocate more labor to small unproductive units. By decomposing the business environment into different type of distortions, we find that poor access to financial credit is the one driving our results. We also show that there exists a significant cross-country relationship between the size distribution and aggregate productivity. These results are consistent with a large recent literature on misallocation of resources across firms.
关键词:TFP ;Plant size distribution ;Economic distortions ;L11 ;L53 ;O47