The Misallocation of Land and Other Factors of Production in India

Duranton, Gilles; Ghani, Ejaz; Goswami, Arti Grover; Kerr, William

doi:10.1596/1813-9450-7221

Publication:
The Misallocation of Land and Other Factors of Production in India

dc.contributor.author	Duranton, Gilles
dc.contributor.author	Ghani, Ejaz
dc.contributor.author	Goswami, Arti Grover
dc.contributor.author	Kerr, William
dc.date.accessioned	2015-03-31T17:22:57Z
dc.date.available	2015-03-31T17:22:57Z
dc.date.issued	2015-03
dc.description.abstract	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 them to regulatory changes in India that affected real property. With this background, the study next quantifies the implications and determinants of factor and output misallocation. Although more-productive establishments in India tend to produce more output, factors of production are grossly misallocated. A better allocation of output and factors of production is associated with greater output per worker. Misallocation of land plays a particularly important role in these challenges.	en
dc.identifier.uri	http://hdl.handle.net/10986/21660
dc.language.iso	en_US
dc.publisher	World Bank Group, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper;No. 7221
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	employment
dc.subject	capital markets
dc.subject	rights
dc.subject	land reform
dc.subject	economic growth
dc.subject	villages
dc.subject	accounting
dc.subject	production
dc.subject	politics
dc.subject	valuation
dc.subject	income
dc.subject	buildings
dc.subject	property rights
dc.subject	gdp per capita
dc.subject	information
dc.subject	elasticity
dc.subject	housing
dc.subject	political economy
dc.subject	welfare
dc.subject	gross value
dc.subject	effects
dc.subject	incentives
dc.subject	distribution
dc.subject	urban land
dc.subject	variables
dc.subject	regression analyses
dc.subject	inputs
dc.subject	cities
dc.subject	returns to scale
dc.subject	wealth
dc.subject	rents
dc.subject	economic analysis
dc.subject	trends
dc.subject	development
dc.subject	apartment
dc.subject	influence
dc.subject	total factor productivity
dc.subject	fixed inputs
dc.subject	rent
dc.subject	constant returns to scale
dc.subject	outputs
dc.subject	construction
dc.subject	econometrics
dc.subject	labor productivity
dc.subject	productivity
dc.subject	landlord
dc.subject	transfers
dc.subject	increasing returns
dc.subject	financial institutions
dc.subject	markets
dc.subject	organizations
dc.subject	allocative efficiency
dc.subject	economic policies
dc.subject	labor
dc.subject	housing market
dc.subject	land development
dc.subject	real estate
dc.subject	finance
dc.subject	efficiency
dc.subject	taxes
dc.subject	land use
dc.subject	equity
dc.subject	energy consumption
dc.subject	deregulation
dc.subject	productivity growth
dc.subject	land transactions
dc.subject	value added
dc.subject	land market
dc.subject	property right
dc.subject	economic performance
dc.subject	capital
dc.subject	policies
dc.subject	value
dc.subject	urban infrastructure
dc.subject	repair
dc.subject	production functions
dc.subject	credit
dc.subject	rent controls
dc.subject	macroeconomics
dc.subject	urban areas
dc.subject	household
dc.subject	inefficiency
dc.subject	consumers
dc.subject	property
dc.subject	measurement
dc.subject	assets
dc.subject	benchmark
dc.subject	economic theory
dc.subject	urban development
dc.subject	economics
dc.subject	production function
dc.subject	private developers
dc.subject	management
dc.subject	insurance
dc.subject	functional forms
dc.subject	capital use
dc.subject	taxation
dc.subject	slums
dc.subject	trade
dc.subject	real estate markets
dc.subject	gdp
dc.subject	land
dc.subject	theory
dc.subject	bank loans
dc.subject	extreme poverty
dc.subject	land use regulations
dc.subject	rural areas
dc.subject	financial markets
dc.subject	flexible functional forms
dc.subject	supply
dc.subject	banking
dc.subject	zoning
dc.subject	urban_land
dc.subject	land transfer
dc.subject	law
dc.subject	building
dc.subject	borrowing
dc.subject	total output
dc.subject	economic geography
dc.subject	labour
dc.subject	governments
dc.subject	financial sector
dc.subject	outcomes
dc.subject	urban population
dc.subject	energy usage
dc.subject	labor regulations
dc.subject	prices
dc.subject	land supply
dc.subject	development policy
dc.title	The Misallocation of Land and Other Factors of Production in India	en
dc.type	Working Paper	en
dc.type	Document de travail	fr
dc.type	Documento de trabajo	es
dspace.entity.type	Publication
okr.date.disclosure	2015-03-23
okr.doctype	Publications & Research
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.globalpractice	Social, Urban, Rural and Resilience
okr.globalpractice	Macroeconomics and Fiscal Management
okr.identifier.doi	10.1596/1813-9450-7221
okr.identifier.report	WPS7221
okr.language.supported	en
okr.region.administrative	South Asia
okr.region.country	India
okr.topic	Private Sector Development :: Land and Real Estate Development
okr.topic	Social Protections and Labor :: Labor Policies
okr.topic	Urban Development :: Municipal Housing and Land
okr.topic	Urban Development :: Urban Housing
okr.topic	Urban Development :: Urban Services to the Poor
okr.unit	Macroeconomics and Fiscal Management Global Practice Group
relation.isAuthorOfPublication	34242d7e-0b6a-546a-b2c5-e97e6e1fab2c
relation.isAuthorOfPublication	b51303b6-af29-592e-989d-eab9ca69edc9
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87