Title:

A Tale of Two Sectors: Why Is Misallocation Higher in Services Than in Manufacturing?

Authors:

Daniel A. Dias (CEMAPRE - ISEG, UTL, Board of Governors, Federal Reserve System)
Carlos Robalo Marques (Bank of Portugal)
Christine Richmond (International Monetary Fund)

Journal:

Review of Income And Wealth

Year:

2020

Volume:

66

Number:

2

Pages:

361-393

JEL codes:

L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices
L8 - Industry Studies: Services
E26 - Informal Economy; Underground Economy