This paper attempts to establish a formal relationship between innovation and productivity using Colombian firm … sales and Total Factor Productivity (TFP). Innovation in processes likewise improves firms' productivity and sales. Finally …

increases productivity by 2 percent and output by 3 percent as it improves the allocation of resources across firms and sectors …

productivity losses due to distortions that misallocate resources, the paper finds that one peso of capital and labor allocated to … informality reduce total factor productivity. …

Total factor productivity (TFP) in Latin America has not increased since the mid- 1970s, and in many countries it has … 10 Latin American countries to quantify the heterogeneity of firm productivity and the degree of resource misallocation … within countries. Productivity heterogeneity and resource misallocation are found to be much larger than in the United States …

This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin … examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to … Innovation Dynamics and Productivity: Evidence for Latin America -- 3 Innovative Activity in the Caribbean: Drivers, Benefits …

This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin … America and the Caribbean. Each chapter is dedicated to an examination of a different factor affecting firm productivity …