The Misallocation of Land and Other Factors of Production in India

This paper quantifies the misallocation of manufacturing output and factors of production between establishments across Indian districts during 1989-2010. It first distills a number of stylized facts about misallocation in India, and demonstrates the validity of misallocation metrics by connecting t...

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Bibliographic Details
Main Authors:	Duranton, Gilles, Ghani, Ejaz, Goswami, Arti Grover, Kerr, William
Format:	Working Paper
Language:	en_US
Published:	World Bank Group, Washington, DC 2015
Subjects:	employment capital markets rights land reform economic growth villages accounting production politics valuation income buildings property rights gdp per capita information elasticity housing political economy welfare gross value effects incentives distribution urban land variables regression analyses inputs cities returns to scale wealth rents economic analysis trends development apartment influence total factor productivity fixed inputs rent constant returns to scale outputs construction econometrics labor productivity productivity landlord transfers increasing returns financial institutions markets organizations allocative efficiency economic policies labor housing market land development real estate finance efficiency taxes land use equity energy consumption deregulation productivity growth land transactions value added land market property right economic performance capital policies value urban infrastructure repair production functions credit rent controls macroeconomics urban areas household inefficiency consumers property measurement assets benchmark economic theory urban development economics production function private developers management insurance functional forms capital use taxation slums trade real estate markets gdp land theory bank loans extreme poverty land use regulations rural areas financial markets flexible functional forms supply banking zoning urban_land land transfer law building borrowing total output economic geography labour governments financial sector outcomes urban population energy usage labor regulations prices land supply development policy
Online Access:	http://hdl.handle.net/10986/21660

Internet

http://hdl.handle.net/10986/21660

The Misallocation of Land and Other Factors of Production in India

Internet

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