The Whole is Greater than the Sum of Its Parts : Complementary Reforms to Address Microeconomic Distortions

This paper links microeconomic rigidities and technological adoption to propose a partial explanation for the observed differences in income per capita across countries. The paper first presents a neoclassical general equilibrium model with heterogeneous production units. It assumes that developing...

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Bibliographic Details
Main Authors: Bergoeing, Raphael, Loayza, Norman V., Piguillem, Facundo
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2018
Subjects:
Online Access:http://hdl.handle.net/10986/29121

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