Replication data for: Natural Resources and Global Misallocation

Raül Santaeulàlia-Llopis, Alexander Monge-Naranjo & Juan M. Sánchez
Are production factors allocated efficiently across countries? To differentiate misallocation from factor intensity differences, we provide a new methodology to estimate output shares of natural resources based solely on current rent flows data. With this methodology, we construct a new dataset of estimates for the output shares of natural resources for a large panel of countries. In sharp contrast with Caselli and Feyrer (2007), we find a significant and persistent degree of misallocation of physical...
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