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Cited by 369

The DOI matches its Crossref record; 44 of the 44 references it cites were found in a registry or an index.

Dynamic Inputs and Resource (Mis)Allocation

Open access
Asker, John, Collard-Wexler, Allan, De Loecker, Jan·2014·Journal of Political Economy
DOI 10.1086/677072
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Abstract

We investigate the role of dynamic production inputs and their associated adjustment costs in shaping the dispersion of static measures of capital misallocation within industries (and countries). Across nine data sets spanning 40 countries, we find that industries exhibiting greater time-series volatility of productivity have greater cross-sectional dispersion of the marginal revenue product of capital. We use a standard investment model with adjustment costs to show that variation in the volatility of productivity across these industries and economies can explain a large share (80–90 percent) of the cross-industry (and cross-country) variation in the dispersion of the marginal revenue product of capital.

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Metadata

Authors
Asker, J., Collard-Wexler, A., & De Loecker, J.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
2014-10
Volume
122
Issue
5
Pages
1013-1063
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/677072
OpenAlex
W2156281686
Cited by
369
References
44
FWCI
53.28
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Dynamic Inputs and Resource (Mis)Allocation. https://app.cochat.ai/papers/10.1086/677072
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Asker, J., Collard-Wexler, A., & De Loecker, J. (2014). Dynamic Inputs and Resource (Mis)Allocation. Journal of Political Economy. https://doi.org/10.1086/677072

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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