Cover IMF Working Papers
Buy Book in Print
Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth
Author:
Mr. Sakai Ando
Search for other papers by Mr. Sakai Ando in
Current site
Google Scholar Close
https://orcid.org/0000-0003-2785-4375
and
Koffie Ben Nassar
Search for other papers by Koffie Ben Nassar in
Current site
Google Scholar Close
Series:
IMF Working Papers
Volume/Issue:
Volume 2017: Issue 205
Language:
English
Publication Date:
19 Sep 2017
DOI:
https://doi.org/10.5089/9781484319277.001
ISBN:
9781484319277
ISSN:
1018-5941
Pages:
48
Keywords:
WP; regression analysis; sectoral distortion; growth; index; productivity; structural change; resource misallocation; productivity sector; productivity equalization; sectoral productivity; productivity line; policy variable; Agricultural sector; Total factor productivity; Sub-Saharan Africa
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.2 MB) Download Epub
This paper proposes a new index of sectoral labor distortion using employment and valueadded shares. We show that this index is highly correlated with growth both crosssectionally and over time. We also use it to compare the degree of distortion among countries and identify sectors where the potential payoffs in terms of growth from reforms could be large. The regression analysis in the paper shows that education and various structural reforms have potential to improve the efficiency of sectoral labor allocation.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund