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Resource misallocation among listed firms in China : the evolving role of state-owned enterprises
Jurzyk, Emilia; Ruane, Cian - 2021
and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009 … potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs …
Persistent link: https://www.econbiz.de/10012518918
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Credit misallocation and economic growth in Vietnam
Katagiri, Mitsuru - 2019
The legacy of non-performing loans and high opportunity cost of government financing of bank recapitalization impeded the efficiency of financial intermediation and are an important policy issue in Vietnam. This paper presents a theoretical and empirical analysis of the issue. An empirical...
Persistent link: https://www.econbiz.de/10012103676
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You are suffocating me! : firm-level evidence on crowding out
Cevik, Serhan - 2019
Literature on whether government spending crowds out or crowds in the private sector is large, but still without an unambiguous conclusion. Using firm-level data from Ukraine, this paper provides a granular empirical investigation to disentangle the impact of state-owned enterprises (SOEs) on...
Persistent link: https://www.econbiz.de/10012019825
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Das (Wasted) Kapital : Firm Ownership and Investment Efficiency in China
Dollar, David - 2007
Based on a survey that we designed and that covers a stratified random sample of 12,400 firms in 120 cities in China with firm-level accounting information for 2002-2004, this paper examines the presence of systematic distortions in capital allocation that result in uneven marginal returns to...
Persistent link: https://www.econbiz.de/10014400359
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The nexus between public enterprise governance, financial performance, and macroeconomic vulnerabilities : an application to Moldova
Hegazy, Amgad; Navarro Lopez, Arturo - 2022
risks that amplify fiscal and macroeconomic vulnerabilities and undermine market competition, productivity, and private …
Persistent link: https://www.econbiz.de/10013170011
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Lessons from two public sector reforms in Italy
Belhocine, Nazim; Jirasavetakul, La-Bhus Fah - 2020
The reform of the Italian public administration has been a priority for at least two decades, with several major initiatives undertaken toward modernization and simplification. Notwithstanding laudable intentions, however, progress remains limited. This analysis is a case study of two reforms...
Persistent link: https://www.econbiz.de/10012177638
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J-curve of productivity and growth : Indian manufacturing post-liberalization
Virmani, Arvind; Hashim, Danish A. - 2011
Persistent link: https://www.econbiz.de/10009424828
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Potential growth in emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - 2014
Persistent link: https://www.econbiz.de/10010389478
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Resource misallocation in India : the role of cross-state labor market reform
Mohommad, Adil; Sandoz, Charlotte; Sodsriwiboon, Piyaporn - 2021
At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well … interaction of labor market rigidities with informality which is a key feature of India's labor markets. Our results suggest that …
Persistent link: https://www.econbiz.de/10012518715
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Crop selection and international differences in aggregate agricultural productivity
Alvarez, Jorge A.; Berg, Claudia - 2019
A large share of cross-country differences in productivity is explained by differences in agricultural productivity … productivity differences …
Persistent link: https://www.econbiz.de/10012103617