Resource misallocation has the potential to reduce aggregate total factor productivity and undermine industrial development. Aggregate productivity losses are found to be particularly pronounced in emerging economies where large market frictions impede efficient resource allocation. Available estimates, however, almost entirely exclude firms in the informal sector that in some countries, such as Zimbabwe, make up a high share of overall production...
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2023/11/10
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Journal Article
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189829
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1
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2024/05/03
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Disclosed
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Allocative Efficiency between and within the Formal and Informal Manufacturing Sectors in Zimbabwe
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Citation
Godfrey Kamutando; Edwards,Lawrence James.
Allocative Efficiency between and within the Formal and Informal Manufacturing Sectors in Zimbabwe (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099701005032422927