Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth

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 potenti...

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Bibliographic Details
Main Author: Ando, Sakai
Other Authors: Ben Nassar, Koffie
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth  |c Sakai Ando, Koffie Ben Nassar 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2017 
300 |a 48 pages 
651 4 |a Russian Federation 
653 |a Standardization and Compatibility 
653 |a Agribusiness 
653 |a Cross-Country Output Convergence 
653 |a Productivity 
653 |a Aggregate Productivity 
653 |a Cost 
653 |a Capital and Total Factor Productivity 
653 |a Production 
653 |a Industrial productivity 
653 |a Skills 
653 |a Economic History: Macroeconomics and Monetary Economics 
653 |a Economic sectors 
653 |a Agriculture: General 
653 |a Total factor productivity 
653 |a Agricultural industries 
653 |a Labor Productivity 
653 |a Macroeconomics: Production 
653 |a Growth and Fluctuations: General, International, or Comparative 
653 |a Agricultural sector 
653 |a Macroeconomics 
653 |a Measurement of Economic Growth 
653 |a Agricultural economics 
653 |a Occupational Choice 
653 |a Capacity 
653 |a Human Capital 
653 |a Information and Product Quality 
653 |a Production and Operations Management 
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520 |a 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