A Tale of Two Sectors

A Tale of Two Sectors PDF Author: Daniel A Dias
Publisher: International Monetary Fund
ISBN: 147555379X
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap, by reducing misallocation in the service sector to manufacturing levels, would boost aggregate gross output by around 12 percent and aggregate value added by around 31 percent. Differences in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as stemming mainly from higher output price rigidity, greater labor adjustment costs and more informality in the service sector.

A Tale of Two Sectors

A Tale of Two Sectors PDF Author: Daniel A Dias
Publisher: International Monetary Fund
ISBN: 147555379X
Category : Business & Economics
Languages : en
Pages : 50

Get Book Here

Book Description
Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap, by reducing misallocation in the service sector to manufacturing levels, would boost aggregate gross output by around 12 percent and aggregate value added by around 31 percent. Differences in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as stemming mainly from higher output price rigidity, greater labor adjustment costs and more informality in the service sector.

Explaining ASEAN-3’s Investment Puzzle A Tale of Two Sectors

Explaining ASEAN-3’s Investment Puzzle A Tale of Two Sectors PDF Author: Yong Sarah Zhou
Publisher: International Monetary Fund
ISBN: 1475545568
Category : Business & Economics
Languages : en
Pages : 25

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Book Description
The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic growth, has remained a puzzle. This paper shows that the post-crisis investment recession has been mainly concentrated in the nontradable sector, and hypothesizes that the slowdown is because firms operating in that sector are financially constrained. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis.

A Tale of Two Sectors

A Tale of Two Sectors PDF Author: Daniel A Dias
Publisher: International Monetary Fund
ISBN: 1475554060
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap, by reducing misallocation in the service sector to manufacturing levels, would boost aggregate gross output by around 12 percent and aggregate value added by around 31 percent. Differences in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as stemming mainly from higher output price rigidity, greater labor adjustment costs and more informality in the service sector.

Criminal Justice in Ireland

Criminal Justice in Ireland PDF Author: Paul O'Mahony
Publisher: Institute of Public Administration
ISBN: 9781902448718
Category : Law
Languages : en
Pages : 852

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Book Description
Comprehensive overview of the Irish criminal justice system, its current problems and its vision for the future. Collection of essays by major office-holders, experienced practitioners, leading academics, legal scholars, sociologists, psychologists, philosophers and educationalists.

Working in the Service Sector

Working in the Service Sector PDF Author: Gerhard Bosch
Publisher: Routledge
ISBN: 1134456441
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
Chapter 1 Introduction -- part Part I Different service societies in Europe -- chapter 2 Measuring economic tertiarisation -- chapter 3 The incidence of new forms of employment in service activities -- chapter 4 Why do countries have such different service-sector employment rates -- chapter 5 Services and the employment prospects for women -- part PART II The organisation of service work: an analysis of five sectors -- chapter 6 The family, the state, and now the market -- chapter 7 The reluctant nurses -- chapter 8 Work hard, play hard -- chapter 9 Work organisation and the importance of labour markets in the European retail trade -- chapter 10 Lean banking -- part Part III Common challenges -- chapter 11 The shaping of work and working time in the service sector -- chapter 12 The delegation of uncertainty -- chapter 13 Can trade unions meet the challenge -- chapter 14 Diversity and regulation of markets for services.

China and India

China and India PDF Author: Dilip K. Das
Publisher: Routledge
ISBN: 1134134924
Category : Business & Economics
Languages : en
Pages : 391

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Book Description
The economies of the People’s Republic of China and India are emerging-market economies, which account for more than a third of the global population. These two economies share many similarities in that they are large populous neighbours, who were regarded as abjectly poor countries until the 1980s and both are ancient cultures which has both advantages and disadvantages for economic development. However, their political systems are very different. While India is an open democratic society, China is a closed society run in an authoritarian manner by the Chinese Communist Party. This dissimilarity impacts on the economic decision making process in the two economies. This book is the first to systematically compare and contrast the two economies. It takes an objective and dispassionate view and delves into the constructive and favourable side as well as adverse and unfavourable side of the two economies. Written in a comprehensive and authoritative manner, it covers large areas of the two economies, including trade and financial sectors. It also includes other important relevant facets of the two economies.

Private Sector Development During Transition

Private Sector Development During Transition PDF Author: Michael S. Borish
Publisher: World Bank Publications
ISBN: 9780821335697
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
French edition. World Bank Technical Paper No. 298F (Les filles et lécole en Afrique subsaharienne: De lanalyse á laction). Summarizes the factors that constrain girls schooling in Sub-Saharan Africa and outlines practical ways of designing programs that will accelerate female participation in education in the region. Also available in English: (ISBN 0-8213-3373-9) Stock No. 13373.

Rehabilitation Work

Rehabilitation Work PDF Author: Hannah Graham
Publisher: Routledge
ISBN: 1317497384
Category : Social Science
Languages : en
Pages : 271

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Book Description
Conversations about rehabilitation and how to address the drugs-crime nexus have been dominated by academics and policymakers, without due recognition of the experience and knowledge of practitioners. Not enough is known about the cultures and conditions in which rehabilitation occurs. Why is it that significant numbers of practitioners are leaving the alcohol and other drugs field, while disproportionate numbers of criminal justice practitioners are on leave? Rehabilitation Work provides a unique insight into what happens behind the closed doors of prisons, probation and parole offices, drug rehabs, and recovery support services drawing on research from Australia. This book is among the first to provide a dedicated empirical examination of the interface between the concurrent processes of desistance from crime and recovery from substance misuse, and the implications for rehabilitation work. Hannah Graham uses practitioner interviews, workforce data and researcher observations to reveal compelling differences between official accounts of rehabilitation work, and what practitioners actually do in practice. Practitioners express a desire to be the change rather than being subject to change, actively co-producing progressive reforms instead of passively coping with funding cutbacks and interagency politics. Applied examples of how practitioners collaborate, lead and innovate in the midst of challenging work are complemented with evocative illustrations of insider humour and professional resilience. This book is a key resource for students, academics and practitioners across fields including criminology and criminal justice, social work, psychology, counselling and addiction treatment.

The Economics of American Agriculture

The Economics of American Agriculture PDF Author: Steven C. Blank
Publisher: Routledge
ISBN: 131745734X
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
This book answers the questions: What is happening to American agriculture, and why? Steven C. Blank uses portfolio theory to analyze both macro- and microeconomic data that paints a clear picture of the trends in agriculture, and explains why these trends are consistent with market evolution and global economic development. He clarifies agriculture's specific role in economic development with a focus on the current and future globalizing commodity markets.The book features empirical research that demonstrates the link between farm-level investment decisions and regional and national economic trends. It shows how the dynamic environment of industrialization and globalization of agriculture is part of a continuing development that is driven by technological innovation. This all points to a future with a very different agricultural production sector and some extremely important policy choices that will face the entire country.

The Competitive City

The Competitive City PDF Author: Mark Schneider
Publisher: University of Pittsburgh Pre
ISBN: 0822974517
Category : Political Science
Languages : en
Pages : 265

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Book Description
This timely and important book, which won a special citation from the American Political Science Association's Urban Affairs Section for its "major theoretical development," analyzes the effect of competition among suburban communities to attract residents and business with the best public services and the lowest taxes. Using data from a large sample of suburban cities, Mark Schneider offers a theoretical extension of the Tiebout-Peterson approach to understanding public policies and integrates this perspective with recent work on the power of bureaucrats to control budgets.