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

cg.authorship.typesCGIAR single centreen_US
cg.contributor.affiliationInternational Food Policy Research Instituteen_US
cg.coverage.countryChinaen_US
cg.coverage.iso3166-alpha2CNen_US
cg.coverage.regionEastern Asiaen_US
cg.coverage.regionAsiaen_US
cg.creator.identifierJessica Leight: 0000-0002-1691-9682en_US
cg.identifier.doihttps://doi.org/10.3982/ecta16598en_US
cg.identifier.projectIFPRI - Poverty, Health, and Nutrition Divisionen_US
cg.identifier.publicationRankA plusen_US
cg.isijournalISI Journalen_US
cg.issn1468-0262en_US
cg.issue3en_US
cg.journalEconometrica: Journal of the Econometric Societyen_US
cg.reviewStatusPeer Reviewen_US
cg.volume90en_US
dc.contributor.authorAdamopoulos, Tassoen_US
dc.contributor.authorBrandt, Lorenen_US
dc.contributor.authorLeight, Jessicaen_US
dc.contributor.authorRestuccia, Diegoen_US
dc.date.accessioned2024-04-12T13:37:44Zen_US
dc.date.available2024-04-12T13:37:44Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/141343en_US
dc.titleMisallocation, selection, and productivity: A quantitative analysis with panel data from Chinaen_US
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_US
dcterms.accessRightsOpen Accessen_US
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_US
dcterms.extentpp. 1261-1282en_US
dcterms.issued2022-05-31en_US
dcterms.languageenen_US
dcterms.licenseCC-BY-NC-ND-4.0en_US
dcterms.publisherThe Econometric Societyen_US
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll5/id/8255en_US
dcterms.subjecthouseholdsen_US
dcterms.subjectagricultureen_US
dcterms.subjectselectionen_US
dcterms.subjectproductivityen_US
dcterms.typeJournal Articleen_US

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