Sectoral Productivity Gaps and Aggregate Productivity

dc.creatorSinha, Rishabh
dc.date2016-07-11T15:41:16Z
dc.date2016-07-11T15:41:16Z
dc.date2016-06
dc.date.accessioned2026-07-01T00:47:14Z
dc.descriptionThis paper examines the role of changes in sectoral productivity gaps over time in accounting for growth realized by countries over the past few decades. To quantify the productivity impact of the sectoral gaps, a simple model of resource allocation is developed in which the gaps arise due to distortions in the form of asymmetrical taxes across sectors. The paper finds a limited role of changes in distortions over time in accounting for actual growth. Implied growth from changes in distortions accounts for less than 2.5 percent of actual growth for the median country. To check if the lower contribution of changes in distortions is because of unrealized gains suggested by high levels of present distortions, productivity gains are estimated when distortions across countries are reduced to the US levels. Barring a couple of cases, the gains in aggregate productivity are modest across the sample of countries.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2016/06/26538638/sectoral-productivity-gaps-aggregate-productivity
dc.identifierhttps://hdl.handle.net/10986/24654
dc.identifier10.1596/1813-9450-7737
dc.identifier.urihttp://hdl.handle.net/123456789/410985
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 7737
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectJOBS
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT RATE
dc.subjectCOUNTRY VARIATION
dc.subjectMOTIVATION
dc.subjectECONOMIC GROWTH
dc.subjectACCOUNTING
dc.subjectPRODUCTION
dc.subjectPRODUCTIVITY GAIN
dc.subjectEMPLOYMENT SHARE
dc.subjectSTRUCTURAL CHANGE
dc.subjectINCOME
dc.subjectPERFECT COMPETITION
dc.subjectLABOR ALLOCATION
dc.subjectAGE GROUP
dc.subjectGDP PER CAPITA
dc.subjectLABOR FORCE
dc.subjectRESOURCE ALLOCATION
dc.subjectMENU
dc.subjectOPTIMIZATION
dc.subjectAGGREGATE PRODUCTIVITY
dc.subjectEQUILIBRIUM
dc.subjectVARIABLES
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectCAPITAL STOCK
dc.subjectEMPLOYMENT RATES
dc.subjectPRICE
dc.subjectINPUTS
dc.subjectDRIVERS
dc.subjectOPEN ACCESS
dc.subjectTRENDS
dc.subjectECONOMIC ACTIVITY
dc.subjectDEVELOPMENT
dc.subjectLABOR MARKET
dc.subjectMARKET IMPERFECTIONS
dc.subjectTIME PERIODS
dc.subjectDATA
dc.subjectMARGINAL PRODUCTS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectWORKER
dc.subjectONLINE DATABASE
dc.subjectLABOR PRODUCTIVITY
dc.subjectPRODUCTIVITY
dc.subjectBUSINESS SERVICES
dc.subjectCRITERIA
dc.subjectMARKETS
dc.subjectORGANIZATIONS
dc.subjectLABOR
dc.subjectTOTAL EMPLOYMENT
dc.subjectAVERAGING
dc.subjectFINANCE
dc.subjectTAXES
dc.subjectPRODUCTIVITY CHANGE
dc.subjectMANUFACTURING
dc.subjectUNEMPLOYMENT
dc.subjectTECHNOLOGY
dc.subjectFACTOR MARKETS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectHUMAN CAPITAL
dc.subjectVALUE ADDED
dc.subjectWORKERS
dc.subjectCAPITAL
dc.subjectWAGES
dc.subjectRESULTS
dc.subjectDUAL ECONOMY
dc.subjectVALUE
dc.subjectACTUAL GROWTH
dc.subjectCREDIT
dc.subjectMACROECONOMICS
dc.subjectRAW DATA
dc.subjectTFP
dc.subjectAGE GROUPS
dc.subjectLABOUR MARKET
dc.subjectINCOME DISTRIBUTION
dc.subjectAGRICULTURE
dc.subjectMEASUREMENT
dc.subjectWAGE RATE
dc.subjectSHARES
dc.subjectBENCHMARK
dc.subjectECONOMICS
dc.subjectPRODUCTION FUNCTION
dc.subjectINCREASE IN LABOR
dc.subjectLABOR ORGANIZATION
dc.subjectRESULT
dc.subjectTRADE
dc.subjectGDP
dc.subjectGROWTH RATE
dc.subjectBUSINESS
dc.subjectESTIMATED PRODUCTIVITY
dc.subjectINTERNATIONAL STANDARD
dc.subjectIMPUTATION
dc.subjectDISCIPLINE
dc.subjectLENDING
dc.subjectUNDERESTIMATES
dc.subjectPRODUCTIVITY GAINS
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectDATABASE
dc.subjectLABOUR
dc.subjectAGGREGATE LEVEL
dc.subjectLESS DEVELOPED COUNTRIES
dc.subjectLABOR SHARE
dc.subjectLABOR MIGRATION
dc.subjectDEVELOPMENT POLICY
dc.subjectGROWTH
dc.titleSectoral Productivity Gaps and Aggregate Productivity
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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