Resource Misallocation and Productivity Gaps in Malaysia / Chuah, Lay Lian.
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| Online Access: |
Full Text (via Open Knowledge Repository) |
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| Main Author: | |
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
The World Bank,
2018.
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| Series: | Policy research working papers.
World Bank e-Library. |
| Subjects: |
MARC
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| 100 | 1 | |a Chuah, Lay Lian. | |
| 245 | 1 | 0 | |a Resource Misallocation and Productivity Gaps in Malaysia / |c Chuah, Lay Lian. |
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| 520 | 3 | |a The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The paper uses data from the Malaysian manufacturing census to measure the country's hypothetical productivity gains when moving toward the level of within-sector allocative efficiency in the United States to be between 13 and 36 percent. Across three census periods in 2000, 2005, and 2010 (the most recent available), the productivity gaps appear to have somewhat widened. This suggests that the "catching-up" process remains a challenge and a potential opportunity, particularly if total factor productivity is expected to be the dominant source of future economic growth. The simulations, based on different magnitudes of the realization of hypothetical productivity gains, show that Malaysia's gross domestic product growth can potentially increase by 0.4 to 1.3 percentage points per year over five years. The analysis accounts only for resource misallocation within sectors. There may be other, possibly large, resource misallocation across sectors. If so, closing those gaps could boost total factor productivity and gross domestic product growth even further. | |
| 650 | 0 | |a Resource allocation |z Malaysia. | |
| 650 | 0 | |a Industrial productivity |z Malaysia. | |
| 650 | 7 | |a Industrial productivity. |2 fast |0 (OCoLC)fst00971502 | |
| 650 | 7 | |a Resource allocation. |2 fast |0 (OCoLC)fst01095652 | |
| 651 | 7 | |a Malaysia. |2 fast |0 (OCoLC)fst01204590 |1 https://id.oclc.org/worldcat/entity/E39PBJqfKJqbTdKPv6g8b3Hpyd | |
| 700 | 1 | |a Chuah, Lay Lian. | |
| 700 | 1 | |a Loayza, Norman V. | |
| 700 | 1 | |a Nguyen, Ha. | |
| 758 | |i has work: |a Resource misallocation and productivity gaps in Malaysia (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGCvQXQ84dFmD4jDJF6qPP |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print Version: |i Chuah, Lay Lian. Resource Misallocation and Productivity Gaps in Malaysia |d Washington, D.C. : The World Bank, 2018 |
| 830 | 0 | |a Policy research working papers. | |
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