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Allocative inefficiency and sectoral allocation of labor: Evidence from U.S. agriculture

✍ Scribed by İşcan, Talan B.

Book ID
126507449
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
832 KB
Volume
43
Category
Article
ISSN
0264-9993

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Estimation of output loss from allocativ
Estimation of output loss from allocative inefficiency: A comparison of the Soviet Union and the U.S.
✍ Humberto Barreto; Robert S. Whitesell 📂 Article 📅 1992 🏛 Springer US 🌐 English ⚖ 873 KB

This paper presents two different estimates of the output loss resulting from allocative inefficiency in the Soviet Union and the United States. Surprisingly, the evidence from our examination of nine industrial sectors during the period 1960-1984 shows only small differences in measured allocative