| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25923 |
| 来源ID | Working Paper 25923 |
| Good Dispersion, Bad Dispersion | |
| Matthias Kehrig; Nicolas Vincent | |
| 发表日期 | 2019-06-10 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Dispersion in marginal revenue products of inputs across plants is commonly thought to reflect misallocation, i.e., dispersion is "bad." We document that most dispersion occurs across plants within rather than between firms. In a model of multi-plant firms, we then show that dispersion can be "good": Eliminating frictions increases productivity dispersion and raises overall output. Based on this framework, we argue that in U.S. manufacturing, one-quarter of the total variance of revenue products reflects good dispersion. In contrast, we find that in emerging economies, almost all dispersion is bad and the gains from eliminating distortions are larger than previously thought. |
| 主题 | Macroeconomics ; Consumption and Investment ; Financial Economics ; Corporate Finance ; Industrial Organization ; Firm Behavior ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w25923 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583597 |
| 推荐引用方式 GB/T 7714 | Matthias Kehrig,Nicolas Vincent. Good Dispersion, Bad Dispersion. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25923.pdf（647KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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