Misallocation, selection, and productivity: A quantitative analysis with panel data from China

cg.authorship.typesCGIAR single centreen
cg.contributor.affiliationInternational Food Policy Research Instituteen
cg.coverage.countryChina
cg.coverage.iso3166-alpha2CN
cg.coverage.regionEastern Asia
cg.coverage.regionAsia
cg.creator.identifierJessica Leight: 0000-0002-1691-9682
cg.identifier.doihttps://doi.org/10.3982/ecta16598en
cg.identifier.projectIFPRI - Poverty, Health, and Nutrition Division
cg.identifier.publicationRankA plus
cg.isijournalISI Journalen
cg.issn1468-0262en
cg.issue3en
cg.journalEconometrica: Journal of the Econometric Societyen
cg.reviewStatusPeer Reviewen
cg.volume90en
dc.contributor.authorAdamopoulos, Tassoen
dc.contributor.authorBrandt, Lorenen
dc.contributor.authorLeight, Jessicaen
dc.contributor.authorRestuccia, Diegoen
dc.date.accessioned2024-04-12T13:37:44Zen
dc.date.available2024-04-12T13:37:44Zen
dc.identifier.urihttps://hdl.handle.net/10568/141343
dc.titleMisallocation, selection, and productivity: A quantitative analysis with panel data from Chinaen
dcterms.abstractWe use household‐level panel data from China and a quantitative framework to document the extent and consequences of factor misallocation in agriculture. We find that there are substantial within‐village frictions in both the land and capital markets linked to land institutions in rural China that disproportionately constrain the more productive farmers. These frictions reduce aggregate agricultural productivity by affecting two key margins: (1) the allocation of resources across farmers (misallocation) and (2) the allocation of workers across sectors, in particular the type of farmers who operate in agriculture (selection). Selection substantially amplifies the productivity effect of distortionary policies by affecting occupational choices that worsen average ability in agriculture.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationAdamopoulos, Tasso; Brandt, Loren; Leight, Jessica; and Restuccia, Diego. 2022. Misallocation, selection, and productivity: A quantitative analysis with panel data from China. Econometrica: Journal of the Econometric Society 90(3): 1261-1282. https://doi.org/10.3982/ECTA16598en
dcterms.extentpp. 1261-1282en
dcterms.issued2022-05-31
dcterms.languageen
dcterms.licenseCC-BY-NC-ND-4.0
dcterms.publisherThe Econometric Societyen
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll5/id/8255en
dcterms.subjecthouseholdsen
dcterms.subjectagricultureen
dcterms.subjectselectionen
dcterms.subjectproductivityen
dcterms.typeJournal Article

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