On the Allocation of Resources in Developing East Asia and Pacific

De Nicola, Francesca ; Kehayova, Vera ; Nguyen, Ha

World Bank, Washington, DC

关键词: PRODUCTIVITY;    RESOURCE ALLOCATION;    DISTORTIONS;    SHARED PROSPERITY;    EXTREME POVERTY;   

DOI  :  10.1596/1813-9450-8634
RP-ID  :  WPS8634

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Over the past decades, East Asia andPacific's productivity has been gradually catching upwith the frontier (the United States), with China leadingthe pack. Productivity growth has been driven by sustainedwithin-sector productivity growth. Reallocation of labor tosectors with higher productivity, such as industry andservices, also contributed to productivity improvements.Nevertheless, resource misallocation remains. Firm-levelevidence from four East Asia and Pacific countries(Indonesia, Malaysia, the Philippines, and Vietnam) suggeststhat resource misallocation across firms within a sector islarge, albeit declining over time. Private domestic firmsand firms with higher productivity face larger distortions.