Allocative efficiency - Open Access .click

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SSRN Electronic Journal, 2019
This paper studies the effect of bank lending shocks on aggregate labor productivity. Exploiting a unique administrative dataset covering the universe of Italian manufacturing firms between 2000 and 2015, we apply the Melitz and Polanec (2015) decomposition at the 4-digit industry level to distinguish the contribution to aggregate productivity growth ...
Andrea Linarello, Andrea Petrella, Enrico Sette +2 more
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The Global Stability of Efficient Intertemporal Allocations

Econometrica, 1987
The author describes a continuous time model of an economy with finitely many infinitely lived consumers and a finite number of capital goods. Two objectives are achieved. First, recursive (nonadditive) utility functionals are formulated and analyzed.
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Corruption and allocation efficiency

Journal of Development Economics, 1990
Abstract In this paper, we investigate the possibility of allocation inefficiencies associated with corrupt practices. Specifically, we consider the case in which two firms compete via bribery of a corrupt government official for a to-be-awarded project. The economy may suffer allocation inefficiencies whenever there is some degree of discrimination.
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On voluntary and efficient allocations

International Journal of Economic Theory, 2015
AbstractA set of sufficiency conditions is presented for Walrasian equilibrium to be equivalent to voluntary and efficient allocations. An important corollary of this equivalence is that voluntary trade in non‐clearing markets, which is omnipresent in all market economies, is inefficient.
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Leasing and the Allocation Efficiency of Finance

SSRN Electronic Journal, 2022
Weiwei Hu, Kai Li, Yiming Xu
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