This document has not been cited yet.

1. Asker, J., Collard‐Wexler, A. & De Loecker, J. (2014) Dynamic inputs and resource (mis) allocation. Journal of Political Economy, 122(5), 1013–1063.

2. Asphjell, M.K., Letterie, W., Nilsen, Ø.A. & Pfann, G.A. (2014) Sequentiality versus simultaneity: interrelated factor demand. Review of Economics and Statistics, 96(5), 986–998.

3. Bai, C.‐E., Hsieh, C.‐T. & Qian, Y. (2006) The return to capital in China. NBER Working Paper.

4. Bai, Y., Dan, L. & Tian, X. (2018) Do financial frictions explain chinese firms' saving and misallocation? Technical report. Boston, MA: National Bureau of Economic Research.

5. Bloom, N. (2009) The impact of uncertainty shocks. Econometrica, 77(3), 623–685.

6. Brandt, L., Tombe, T. & Zhu, X. (2013) Factor market distortions across time, space and sectors in China. Review of Economic Dynamics, 16(1), 39–58.

7. Brandt, L., Van Biesebroeck, J. & Zhang, Y. (2012) Creative accounting or creative destruction? Firm‐level productivity growth in Chinese manufacturing. Journal of Development Economics, 97(2), 339–351.

8. Cevik, S. (2020) You are suffocating me: firm‐level analysis of state‐owned enterprises and private investment. Journal of Comparative Economics, 48(2), 292–301.

9. Chen, S. & Lin, B. (2019) Dual‐track interest rates and capital misallocation. China Economic Review, 57, 101338.

10. Contreras, J.M. (2006) An empirical model of factor adjustment dynamics: working paper 2006–13. Working Papers 18250. Washington, DC: Congressional Budget Office.

11. Cooper, R. & Ejarque, J. (2003) Financial frictions and investment: requiem in Q. Review of Economic Dynamics, 6(4), 710–728.

12. Cooper, R., Gong, G. & Yan, P. (2015) Dynamic labor demand in China: public and private objectives. The Rand Journal of Economics, 46(3), 577–610.

13. Cooper, R., Gong, G. & Yan, P. (2018) Costly labour adjustment: general equilibrium effects of China's employment regulations and financial reforms. The Economic Journal, 128(613), 1879–1922.

14. Cooper, R., Haltiwanger, J. & Willis, J.L. (2015) Dynamics of labor demand: evidence from plant‐level observations and aggregate implications. Research in Economics, 69(1), 37–50.

15. Cooper, R.W. & Haltiwanger, J.C. (2006) On the nature of capital adjustment costs. The Review of Economic Studies, 73(3), 611–633.

16. Dai, R., Feng, H., Junpeng, H., Jin, Q., Huiwen Li, W., Ranran, R.W. et al. (2021) The impact of COVID‐19 on small and medium‐sized enterprises (SMEs): Evidence from two‐wave phone surveys in China. China Economic Review, 67, 101607.

17. Daniel Ackerberg, C., Benkard, L., Berry, S. & Pakes, A. (2007) Econometric tools for analyzing market outcomes. Handbook of Econometrics, 6, 4171–4276.

18. David, J.M. & Venkateswaran, V. (2019) The sources of capital misallocation. American Economic Review, 109(7), 2531–2567.

19. David, J.M., Venkateswaran, V., Cusolito, A.P. & Didier, T. (2021) Capital allocation in developing countries. The World Bank Economic Review, 35(4), 1102–1121.

20. Dollar, D. & Wei, S.‐J. (2007) Das (wasted) kapital: firm ownership and investment efficiency in China. Working Paper. Boston, MA: National Bureau of Economic Research.

21. Duffie, D. & Singleton, K.J. (1990) Simulated moments estimation of Markov models of asset prices.

22. Gilchrist, S. & Himmelberg, C.P. (1995) Evidence on the role of cash flow for investment. Journal of Monetary Economics, 36(3), 541–572.

23. Gourieroux, C., Gourieroux, M., Monfort, A. & Monfort, D.A. (1996) Simulation‐based econometric methods. Oxford: Oxford University Press.
    Paper not yet in RePEc: Add citation now
    
24. Grazzi, M., Jacoby, N. & Treibich, T. (2016) Dynamics of investment and firm performance: comparative evidence from manufacturing industries. Empirical Economics, 51(1), 125–179.
    Paper not yet in RePEc: Add citation now
    

25. Hayashi, F. (1982) Tobin's marginal q and average q: a neoclassical interpretation. Econometrica, 50(1), 213–224.

26. Hsieh, C.‐T. & Klenow, P.J. (2009) Misallocation and manufacturing TFP in China and India. Quarterly Journal of Economics, 124(4), 1403–1448.

27. Hsieh, C.‐T. & Song, Z.M. (2015) Grasp the large, let go of the small: the transformation of the state sector in china. NBER Working Paper.

28. Lapatinas, A. (2012) On the interrelation of capital and labor adjustment costs at the firm level. Studies in Nonlinear Dynamics & Econometrics, 16(3), 1–34.

29. Lee, C.‐C., Lee, C.‐C. & Xiao, S. (2021) Policy‐related risk and corporate financing behavior: Evidence from china's listed companies. Economic Modelling, 94, 539–547.

30. Leutert, W. (2016) Challenges ahead in China's reform of state‐owned enterprises. Asia Policy, 21, 83–100.
    Paper not yet in RePEc: Add citation now
    
31. Leutert, W. (2018) Firm control: governing the state‐owned economy under Xi Jinping. China Perspectives, 2018(1–2), 27–36.
    Paper not yet in RePEc: Add citation now
    
32. Li, X., Liu, X. & Wang, Y. (2015) A model of China's state capitalism. Available at SSRN 2061521.
    Paper not yet in RePEc: Add citation now
    

33. Lin, J.Y., Cai, F. & Li, Z. (1998) Competition, policy burdens, and state‐owned enterprise reform. The American Economic Review, 88(2), 422–427.

34. Lin, X. & Germain, R. (2003) Organizational structure, context, customer orientation, and performance: lessons from Chinese state‐owned enterprises. Strategic Management Journal, 24(11), 1131–1151.

35. Liu, G. & Zhang, C. (2020) Economic policy uncertainty and firms' investment and financing decisions in China. China Economic Review, 63, 101279.

36. Ljungqvist, A., Chen, D., Jiang, D., Haitian, L. & Zhou, M. (2015) State capitalism vs. private enterprise. NBER Working Paper.

37. Matsumura, T. (1998) Partial privatization in mixed duopoly. Journal of Public Economics, 70(3), 473–483.

38. McFadden, D. (1989) A method of simulated moments for estimation of discrete response models without numerical integration. Econometrica: Journal of the Econometric Society, 57, 995–1026.

39. Megginson, W.L. (2017) Privatization, state capitalism, and state ownership of business in the 21st century. Foundations and Trends in Finance, 11(1–2), 1–153.
    Paper not yet in RePEc: Add citation now
    

40. Midrigan, V. & Xu, D.Y. (2014) Finance and misallocation: evidence from plant‐level data. American Economic Review, 104(2), 422–458.

41. Norouzi, N., de Rubens, G.Z., Choubanpishehzafar, S. & Enevoldsen, P. (2020) When pandemics impact economies and climate change: exploring the impacts of COVID‐19 on oil and electricity demand in China. Energy Research & Social Science, 68, 101654.
    Paper not yet in RePEc: Add citation now
    

42. Pakes, A. & Pollard, D. (1989) Simulation and the asymptotics of optimization estimators. Econometrica: Journal of the Econometric Society, 57, 1027–1057.

43. Restuccia, D. & Rogerson, R. (2008) Policy distortions and aggregate productivity with heterogeneous establishments. Review of Economic Dynamics, 11(4), 707–720.

44. Shen, J.H., Zhang, J., Lee, C.‐C. & Li, W. (2020) Toward an internal governance structure of China's large soes. Journal of Asian Economics, 70, 101236.

45. Song, Z. & Wu, G.L. (2015) Identifying capital misallocation. Working Paper. Chicago: University of Chicago.
    Paper not yet in RePEc: Add citation now
    

46. Song, Z., Storesletten, K. & Zilibotti, F. (2011) Growing like China. American Economic Review, 101(1), 196–233.

47. Tang, L. (2020) Energy prices and investment in energy efficiency: evidence from Chinese industry 1997–2004. Asian‐Pacific Economic Literature, 34(2), 93–105.

48. Tang, L. (2021) Investment dynamics and capital distortion: state and non‐state firms in China. Journal of Asian Economics, 73, 101274.

49. Wang, Y., Wei, Y. & Song, F.M. (2017) Uncertainty and corporate R&D investment: evidence from Chinese listed firms. International Review of Economics & Finance, 47, 176–200.

50. Wu, G.L. (2015) Investment frictions and the aggregate output loss in China. Oxford Bulletin of Economics and Statistics, 77(3), 437–465.

51. Wu, G.L. (2018) Capital misallocation in China: financial frictions or policy distortions? Journal of Development Economics, 130, 203–223.

52. Xiao, L., Li, J. & Wang, J. (2019) Does the type of investor matter? An analysis of fixed‐asset investments in rural China. Journal of the Asia Pacific Economy, 24(4), 530–555.

53. Yan, P. (2012) A investigation into capital misallocation. China Economic Quarterly, 11(2), 489–519.
    Paper not yet in RePEc: Add citation now
    

54. Zhang, Y., Diao, X., Chen, K.Z., Robinson, S. & Fan, S. (2020) Impact of COVID‐19 on China's macroeconomy and Agri‐food system–an economy‐wide multiplier model analysis. China Agricultural Economic Review, 12, 387–407.

1. Worker mobility and productivity spillovers: An emerging market perspective. (2019). Rand, John ; Newman, Carol ; Kreuser, Carl ; John, Rand ; Carol, Newman ; Friedrich, Kreuser ; Ayanda, Hlatshwayo.
   In: WIDER Working Paper Series.
   RePEc:unu:wpaper:wp-2019-114.

   Full description at Econpapers || Download paper

2. Credit Supply and Productivity Growth. (2019). Pierri, Nicola ; Manaresi, Francesco.
   In: IMF Working Papers.
   RePEc:imf:imfwpa:2019/107.

   Full description at Econpapers || Download paper

3. Misallocation and Aggregate Productivity across Time and Space. (2018). Restuccia, Diego.
   In: Working Papers.
   RePEc:tor:tecipa:tecipa-608.

   Full description at Econpapers || Download paper

4. Productivity and Misallocation in General Equilibrium. (2018). Baqaee, David ; Farhi, Emmanuel.
   In: 2018 Meeting Papers.
   RePEc:red:sed018:357.

   Full description at Econpapers || Download paper

5. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data. (2018). Vincent, Nicolas ; Kehrig, Matthias.
   In: 2018 Meeting Papers.
   RePEc:red:sed018:233.

   Full description at Econpapers || Download paper

6. The Productivity Puzzle and Misallocation: an Italian Perspective. (2018). Schivardi, Fabiano ; Ottaviano, Gianmarco ; Del Gatto, Massimo ; Calligaris, Sara ; Hassanz, Fadi.
   In: Working Papers LuissLab.
   RePEc:lui:lleewp:18142.

   Full description at Econpapers || Download paper

7. Is corruption efficiency-enhancing? A case study of the Central and Eastern European region. (2018). Giordano, Claire.
   In: European Journal of Comparative Economics.
   RePEc:liu:liucej:v:15:y:2018:i:1:p:119-164.

   Full description at Econpapers || Download paper

8. Misallocations go a long way: evidence from firm-level data. (2018). Tyrowicz, Joanna ; Hagemejer, Jan ; Szewczyk, Peter.
   In: GRAPE Working Papers.
   RePEc:fme:wpaper:31.

   Full description at Econpapers || Download paper

9. Business investment in EU countries. (2018). Zevi, Giordano ; Toth, Mate ; Ravnik, Rafael ; Papageorgiou, Dimitris ; Michail, Nektarios ; Martinez Carrascal, Carmen ; Maria, José ; Lozej, Matija ; Júlio, Paulo ; Giordano, Claire ; de Winter, Jasper ; Buss, Ginters ; Banbura, Marta ; Ambrocio, Gene ; Meinen, Philipp ; Julio, Paulo ; Bursian, Dirk ; Malthe-Thagaard, Sune ; Gavura, Miroslav ; Pool, Sebastian ; Babura, Marta ; Albani, Maria ; san Juan, Lucio ; le Roux, Julien.
   In: Occasional Paper Series.
   RePEc:ecb:ecbops:2018215.

   Full description at Econpapers || Download paper

10. Community Networks and the Growth of Private Enterprise in China. (2018). Zhang, Xiaobo ; Mookherjee, Dilip ; Dai, R ; Munshi, K.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:1850.

    Full description at Econpapers || Download paper

11. Credit supply and productivity growth. (2018). Pierri, Nicola ; Manaresi, Francesco.
    In: BIS Working Papers.
    RePEc:bis:biswps:711.

    Full description at Econpapers || Download paper

12. Credit supply and productivity growth. (2018). Pierri, Nicola ; Manaresi, Francesco.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1168_18.

    Full description at Econpapers || Download paper

13. Heterogeneity, Measurement Error, and Misallocation: Evidence from African Agriculture. (2018). Udry, Christopher ; Gollin, Douglas.
    In: 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia.
    RePEc:ags:iaae18:277279.

    Full description at Econpapers || Download paper

14. The Causes and Costs of Misallocation. (2017). Rogerson, Richard ; Restuccia, Diego.
    In: Working Papers.
    RePEc:tor:tecipa:tecipa-581.

    Full description at Econpapers || Download paper

15. Misallocation in the Brazilian Manufacturing Sector. (2017). Vasconcelos, Rafael ; da Silva, Rafael.
    In: Brazilian Review of Econometrics.
    RePEc:sbe:breart:v:37:y:2017:i:2:a:61801.

    Full description at Econpapers || Download paper

16. Technology-specific Production Functions. (2017). Del Gatto, Massimo ; Belloc, Filippo ; Battisti, Michele.
    In: Working Paper series.
    RePEc:rim:rimwps:17-26.

    Full description at Econpapers || Download paper

17. Contracting Institutions and Economic Growth. (2017). Aguirre, Alvaro.
    In: Review of Economic Dynamics.
    RePEc:red:issued:13-175.

    Full description at Econpapers || Download paper

18. Productivity and Misallocation in General Equilibrium. (2017). Baqaee, David ; Farhi, Emmanuel.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:24007.

    Full description at Econpapers || Download paper

19. Production Flexibility, Misallocation and Total Factor Productivity. (2017). Wang, Ping ; Uras, Burak.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23970.

    Full description at Econpapers || Download paper

20. Macro and Micro Dynamics of Productivity: From Devilish Details to Insights. (2017). Wolf, Zoltán ; Haltiwanger, John ; Grim, Cheryl ; Foster, Lucia.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23666.

    Full description at Econpapers || Download paper

21. The Causes and Costs of Misallocation. (2017). Rogerson, Richard ; Restuccia, Diego.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23422.

    Full description at Econpapers || Download paper

22. Productivity and Health: Alternative Productivity Estimates Using Physical Activity. (2017). Serneels, Pieter ; Prasann, Ashesh ; Friedman, Jed ; Dillon, Andrew ; Akogun, Oladele.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp11115.

    Full description at Econpapers || Download paper

23. Competition, Uncertainty, and Misallocation. (2017). Hosono, Kaoru ; Kenta, Yamanouchi ; Miho, Takizawa ; Kaoru, Hosono.
    In: Discussion papers.
    RePEc:eti:dpaper:17071.

    Full description at Econpapers || Download paper

24. Productivity and misallocation in general equilibrium. (2017). Baqaee, David ; Farhi, Emmanuel.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:87170.

    Full description at Econpapers || Download paper

25. The productivity puzzle and misallocation: an Italian perspective. (2017). Schivardi, Fabiano ; Ottaviano, Gianmarco ; Del Gatto, Massimo ; Calligaris, Sara ; Hassan, Fadi.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:86617.

    Full description at Econpapers || Download paper

26. Twin Peaks. (2017). Defever, Fabrice ; Riao, A.
    In: Working Papers.
    RePEc:cty:dpaper:17/02.

    Full description at Econpapers || Download paper

27. Productivity and Misallocation in General Equilibrium. (2017). Baqaee, David ; Farhi, Emmanuel.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:12447.

    Full description at Econpapers || Download paper

28. Productivity and Misallocation in General Equilibrium. (2017). Baqaee, David.
    In: Discussion Papers.
    RePEc:cfm:wpaper:1735.

    Full description at Econpapers || Download paper

29. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Planet-Level Data. (2017). Vincent, Nicolas ; Kehrig, Matthias.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_6401.

    Full description at Econpapers || Download paper

30. The productivity puzzle and misallocation: an Italian perspective. (2017). Schivardi, Fabiano ; Ottaviano, Gianmarco ; Del Gatto, Massimo ; Hassan, Fadi ; Calligaris, Sara.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp1520.

    Full description at Econpapers || Download paper

31. Macro and Micro Dynamics of Productivity: From Devilish Details to Insights. (2017). Wolf, Zoltan ; Foster, Lucia S ; Haltiwanger, John ; Grim, Cheryl A.
    In: Working Papers.
    RePEc:cen:wpaper:17-41r.

    Full description at Econpapers || Download paper

32. Macro and Micro Dynamics of Productivity: From Devilish Details to Insights. (2017). Wolf, Zoltán ; Haltiwanger, John ; Grim, Cheryl ; Foster, Lucia.
    In: Working Papers.
    RePEc:cen:wpaper:17-41.

    Full description at Econpapers || Download paper

33. Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data. (2017). Vincent, Nicolas ; Kehrig, Matthias.
    In: Working Papers.
    RePEc:cen:wpaper:17-14.

    Full description at Econpapers || Download paper

34. Misallocation Before, During and After the Great Recession. (2017). Libert, T.
    In: Working papers.
    RePEc:bfr:banfra:658.

    Full description at Econpapers || Download paper

35. Adjustment Costs and Factor Demand: New Evidence From Firms Real Estate. (2017). Bergeaud, Antonin ; Ray, S.
    In: Working papers.
    RePEc:bfr:banfra:641.

    Full description at Econpapers || Download paper

36. Productivity and Health: Alternative Productivity Measures using Physical Activity. (2017). Serneels, Pieter ; Prasann, Ashesh ; Friedman, Jed ; Dillon, Andrew ; Akogun, Oladele.
    In: 2017 Annual Meeting, July 30-August 1, Chicago, Illinois.
    RePEc:ags:aaea17:258380.

    Full description at Econpapers || Download paper

37. Misallocation and the Distribution of Global Volatility. (2017). Eden, Maya.
    In: American Economic Review.
    RePEc:aea:aecrev:v:107:y:2017:i:2:p:592-622.

    Full description at Econpapers || Download paper

38. Privatization, Distortions, and Productivity. (2016). Li, Kun.
    In: 2016 Meeting Papers.
    RePEc:red:sed016:993.

    Full description at Econpapers || Download paper

39. Risk and Return in Village Economies. (2016). Townsend, Robert ; Samphantharak, Krislert.
    In: PIER Discussion Papers.
    RePEc:pui:dpaper:27..

    Full description at Econpapers || Download paper

40. A tale of two sectors: why is misallocation higher in services than in manufacturing?. (2016). Richmond, Christine ; Marques, Carlos ; Dias, Daniel.
    In: Working Papers.
    RePEc:ptu:wpaper:w201614.

    Full description at Econpapers || Download paper

41. Misallocation and productivity in the lead up to the Eurozone crisis. (2016). Richmond, Christine ; Marques, Carlos ; Dias, Daniel.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:49:y:2016:i:c:p:46-70.

    Full description at Econpapers || Download paper

42. Firm creation and post-entry dynamics of de novo entrants. (2016). Van Biesebroeck, Johannes ; Geurts, Karen.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:49:y:2016:i:c:p:59-104.

    Full description at Econpapers || Download paper

43. Capital and labour (mis)allocation in the euro area: some stylized facts and determinants. (2016). Lopez-Garcia, Paloma ; Giordano, Claire ; Gamberoni, Elisa.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20161981.

    Full description at Econpapers || Download paper

44. Measuring Cross-Country Differences in Misallocation. (2016). White, T. Kirk ; Nishida, Mitsukuni ; Rotemberg, Martin ; Petrin, Amil.
    In: Working Papers.
    RePEc:cen:wpaper:16-50.

    Full description at Econpapers || Download paper

45. Does Higher Productivity Dispersion Imply Greater Misallocation?A Theoretical and Empirical Analysis. (2016). Earle, John ; Dinlersoz, Emin ; Brown, J. David.
    In: Working Papers.
    RePEc:cen:wpaper:16-42.

    Full description at Econpapers || Download paper

46. The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity. (2016). Phillips, Gordon ; Bai, John ; Carvalho, Daniel.
    In: Working Papers.
    RePEc:cen:wpaper:16-26.

    Full description at Econpapers || Download paper

47. Capital and labour (mis)allocation in the euro area: Some stylized facts and determinants. (2016). Lopez-Garcia, Paloma ; Giordano, Claire ; Gamberoni, Elisa.
    In: Questioni di Economia e Finanza (Occasional Papers).
    RePEc:bdi:opques:qef_349_16.

    Full description at Econpapers || Download paper

48. Efficiency Measures in Regulated Industries: History, Outstanding Challenges and Emerging Solutions. (2015). Verschelde, Marijn ; Estache, Antonio ; De Rock, Bram ; Cherchye, Laurens.
    In: Working Papers ECARES.
    RePEc:eca:wpaper:2013/196738.

    Full description at Econpapers || Download paper

49. Market Failures and Misallocation. (2015). Shenoy, Ajay.
    In: Santa Cruz Department of Economics, Working Paper Series.
    RePEc:cdl:ucscec:qt8m27w1r7.

    Full description at Econpapers || Download paper

50. Misallocation and Total Factor Productivity in Italy: Evidence from Firm-Level Data. (2015). Calligaris, Sara.
    In: LABOUR.
    RePEc:bla:labour:v:29:y:2015:i:4:p:367-393.

    Full description at Econpapers || Download paper

Report date: 2025-09-30 10:38:02 || Missing content? Let us know