Why are some countries more productive? A study of the impact of capital market misallocation on productivity in both developed and developing countries
Why do some countries produce so much more than others? One popular explanation is that capital market distortions lower the aggregate productivity of a country by allocating resources ine ciently. This paper follows the generalized average revenue product (ARP) approach, which incorporates hetero...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/61984 |
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| Institution: | Nanyang Technological University |
| Language: | English |