It takes the average reader and 49 minutes to read Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth by Sakai Ando
Assuming a reading speed of 250 words per minute. Learn more
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.
Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth by Sakai Ando is 48 pages long, and a total of 12,384 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth aloud.
Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth is suitable for students ages 8 and up.
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