Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China
| 主讲人 |
Loren Brandt |
简介 |
<p style="text-align: left;">We use micro panel data from China and a quantitative framework to document the extent of resource misallocation in agriculture within villages, across villages, and over time; and to assess the total factor productivity (TFP) gains from an e cient reallocation of resources. We then develop and estimate a tractable heterogeneous-ability two-sector framework of agriculture and non-agriculture to assess the TFP implications of distortions with ability selection across sectors. An e cient reallocation of capital and land to existing farmers in China would increase output and productivity by 84 percent. Resource misallocation in agriculture implies substantial distortions in occupational choices. Eliminating misallocation across farms in agriculture generates substantial reallocation across sectors, increasing average ability in both sectors but especially in agriculture, and generating a large impact in aggregate outcomes.</p> |
| 时间 |
2015-12-17(星期四)16:40-18:00 |
地点 |
经济楼N303 |
| 讲座语言 |
English |
主办单位 |
WISE & SOE |
| 承办单位 |
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类型 |
系列讲座 |
| 联系人信息 |
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主持人 |
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| 专题网站 |
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专题 |
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| 主讲人简介 |
<p>Professor of Economics, University of Toronto, research fellow at the IZA</p>
<p>Personal webpage: <a href="http://groups.chass.utoronto.ca/brandt/">groups.chass.utoronto.ca/brandt/</a></p> |
期数 |
“WISE-SOE”高级经济学系列讲座2015秋季学期第七讲（总第358讲） |
