Contrary to this assumption, we document that underemployment of quasi-fixed inputs or low capacity utilization rates (CUR) is common across firms, especially in poor countries. Low CURs are ...

Businesses hold large quantities of cash reserves, which have average returns well below their investments in tangible capital. Businesses do this because these monetary assets provide services. One ...

Government analytics refers to the use of data to diagnose and improve the machinery of government, or public administration. The Handbook introduces a public administration production function to ...

A field experiment was conducted for two consecutive years to develop management alternatives for wheat cultivars (salt-tolerant and salt non-tolerant) cultivated under irrigated saline environment ...

Create Citation More formats on IMF eLibrary Order a Print Copy The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital ...