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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.
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.
Author: Yong Sarah Zhou
Publisher: International Monetary Fund
ISBN: 147553373X
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.
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.
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.
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.
Author: Stephen L. Parente
Publisher: MIT Press
ISBN: 9780262264082
Category : Business & Economics
Languages : en
Pages : 188
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Book Description
Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.
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.
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.
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.
Author: B. N. Ghosh
Publisher:
ISBN:
Category : India
Languages : en
Pages : 150
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Book Description
The Book Attempts To Make A Comparative Analysis Of The Development Dynamics OfIndia And Malaysia With Reference To Resource Mobilization From The Rural And The RestOf The World Sectors, And Also Resource Generation And Utilization By The Urban Sector.The Interactive Influences Of The Rural And Urban Sectors Together With Their Class Equations Are Taken As The Epistemic Basis For Explaining The Resource-Use EfficiencyAnd The Development Dynamics Of These Two Countries
