Showing 1 - 10 of 552
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...
Persistent link: https://www.econbiz.de/10011436763
Tax compliance costs tend to be disproportionately higher for small and young businesses. This paper examines how the quality of tax administration affects firm performance for a large sample of firms in emerging market and developing economies. We construct a novel, internationally comparable,...
Persistent link: https://www.econbiz.de/10011671089
State-owned enterprises (SOEs) play an important role in Emerging Europe's economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-a-vis private firms, and evaluates recent...
Persistent link: https://www.econbiz.de/10011748785
Based on U.S. data, the returns on foreign direct investment in emerging markets are shown to be substantially higher than would be suggested by official balance of payments statistics. This paper identifies the determinants of FDI profitability in 43 industrialized and developing countries....
Persistent link: https://www.econbiz.de/10014399589
The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper revisits the question, with a focus on decomposing portfolio performance into asset allocation and security selection. We document signicant differences in exposure to systematic...
Persistent link: https://www.econbiz.de/10014395250
Persistent link: https://www.econbiz.de/10011281180
This paper studies corporate performance in the aftermath of the global crisis by examining 6,581 manufacturing firms …
Persistent link: https://www.econbiz.de/10012671535
The COVID-19 pandemic has posed a serious threat to the survival of Japanese firms, highlighting the importance of understanding how and why firms exit. In this paper, we use a rich firm-level dataset of Japanese firms to document how firm exit patterns have evolved between 2007 and 2017. Firm...
Persistent link: https://www.econbiz.de/10012302043
weak performance of Colombia’s manufacturing sector in recent years. This paper examines the effects of the real exchange … rate, external and domestic demand, and structural changes on firms’ profitability in Colombia’s manufacturing sector …,we find no strong evidence that real appreciation has, on average, negatively affected the profitability of manufacturing …
Persistent link: https://www.econbiz.de/10014412098
This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also...
Persistent link: https://www.econbiz.de/10014402818