Misallocation, Economic Growth, and Input-Output Economics
By Charles I. Jones. 2011
277 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/542f415eb104e98dfb0d7e8d8b4246c6bc7b7b49
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Alireza Tahbaz-Salehi
- Vasco M. Carvalho
- Daron Acemoglu
- Asuman E. Ozdaglar
- Yukiko U. Saito
- Saki Bigio
- Dimitris Papanikolaou
- Jennifer La'O
Citations in the corpus
- Financial Frictions in Production Networks (2016, background): “With respect to this literature, Corollary 1 generalizes these misallocation effects to the class of network economies of intermediate good trade; in this sense our work is most closely related to that of Jones (2011, 2013); Basu (1995), Ciccone (2002) and Yi (2003).”
- Firm Size Distortions and the Productivity Distribution: Evidence from France (2013, unknown): “Our strategy relies on analyzing the choices of the rms that are trying to avoid the tax to estimate the cost of the tax.”
- Networks, Shocks, and Systemic Risk (2015, background): “For instance, Acemoglu et al. (2012, 2014b) and Jones (2013) have argued that idiosyncratic shocks at the firm or sectoral level can propagate over input-output linkages within the economy, with potentially significant implications for macroeconomic volatility and economic growth, while Caplin and…”
- Heterogeneous Markups, Growth, and Endogenous Misallocation (2020, background): “As noted by Jones (2013): “Small departures from the optimal allocation of labor have tiny effects on TFP (an application of the envelope theorem), but significant misallocation can have very large effects.”
- How Important are Sectoral Shocks (2014, unknown): “With respect to the literature on development and growth, Jones (2011, 2013) argues that a small change in factor misallocations has the potential to yield large changes in GDP per capita.”
- Misallocation and Productivity in the Lead Up to the Eurozone Crisis (2016, methodology): “See Hsieh and Klenow (2009) and Jones (2013) for a discussion.”
- Supply Chain Disruptions: Evidence from the Great East Japan Earthquake* (2016, background): “…origins of aggregate fluctuations, including early contributions by Jovanovic (1987) and Durlauf (1993); papers such as Carvalho (2010), Jones (2013), Liu (2019), Bigio and La’O (2020), Baqaee and Farhi (2020), and Grassi (2017) studying the role of linkages in propagating shocks and…”
- External financing and the role of financial frictions over the business cycle: Measurement and theory (2017, unknown): “We choose the value of η (from the firm’s production function) so that input’s share of gross output is .43 (Jones (2011)).”