Effects of Land Misallocation on Capital Allocations in India
Growing research and policy interest
focuses on the misallocation of output and factors of
production in developing economies. This paper considers the
possible misallocation of financial loans. Using plant-level
data on the organized and unorganized sectors, the paper
describes the temporal, geographic, and industry
distributions of financial loans. The focus of the analysis
is the hypothesis that land misallocation might be an