Misallocation and manufacturing TFP in Ecuador: formal, semi-formal and informal firms

dc.careerEconomíaes
dc.category.authorprincipales
dc.contributor.authorAcosta González, Hugo Nicolás
dc.contributor.correspondingAcosta González, Hugo Nicoláses
dc.countryEcuadores
dc.date.accessioned2023-11-04T21:32:08Z
dc.date.available2023-11-04T21:32:08Z
dc.date.issued2019-04
dc.dedication.authorTCes
dc.description.abstractResource misallocation can lower the aggregate total factor productivity (TFP). We use micro-data on manufacturing establishments from the Instituto Ecuatoriano de Estadística y Censos to quantify the differences in productivity and diagnose the efficiency in the allocation of resources between formal and informal firms in the Ecuadorian in the manufacturing sector. We use the model proposed by Hsieh and Klenow (Q J Econ 124(4):1403–1448, 2009) to find informal firms have lower physical productivity than formal firms. We also found formal firms have a restricted growth due to capital and output distortions. These results indicate the existence of an inefficient allocation of resources between firms. By reallocating resources to equalize marginal productivity in the manufacturing sector, we calculate TFP gains of 80% in 2002 and 69% in 2015.es
dc.facultyEconomíaes
dc.id.author1002504528es
dc.id.type1es
dc.identifier.doihttps://doi.org/10.1186/s40008-019-0147-1es
dc.identifier.issn2193-2409
dc.identifier.urihttps://journalofeconomicstructures.springeropen.com/track/pdf/10.1186/s40008-019-0147-1.pdfes
dc.identifier.urihttps://repositorio.puce.edu.ec/handle/123456789/4975
dc.indexed.databaseScimago Journal Rankes
dc.list.authorsBastidas, R., & Acosta, N.es
dc.magazine.pageRange1-29es
dc.magazine.titleJournal of Economic Structureses
dc.magazine.volumeChapter8es
dc.rightsOpenAccesses
dc.statepublishedes
dc.subjectProductividades
dc.subjectGestión de empresases
dc.subjectProducción eficientees
dc.titleMisallocation and manufacturing TFP in Ecuador: formal, semi-formal and informal firmses
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