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efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an … while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is …
Persistent link: https://www.econbiz.de/10010268573
It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can … be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable … factors governing entry rates, especially in the context of developing countries. Using 3-digit industry level data from India …
Persistent link: https://www.econbiz.de/10010267353
In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for …-level productivity, demand shocks, and cost shocks, and use them to measure desired factor levels. We then estimate adjustment functions … frictions from factor adjustments would yield a dramatic increase in aggregate productivity through improved allocative …
Persistent link: https://www.econbiz.de/10010274528
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809
and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …
Persistent link: https://www.econbiz.de/10010261956
This paper uses a newly available comprehensive panel data set for manufacturing enterprises from 2001 to 2005 to … document the first empirical results on the relationship between imports and productivity for Germany, a leading actor on the … systematically by testing for self-selection of more productive firms into importing, and for productivity-enhancing effects of …
Persistent link: https://www.econbiz.de/10010269066
In this paper, I analyze India's approach to capital account liberalization through the lens of the new literature on … financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has … the key challenge now facing India's policymakers on this front. …
Persistent link: https://www.econbiz.de/10010269146
This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...
Persistent link: https://www.econbiz.de/10010269128
Recently, the interactions between product market structure and labor market outcomes have come under increased scrutiny. This paper considers the dynamic relationship between product market entry regulation and equilibrium unemployment and wages, both theoretically and quantitatively. The main...
Persistent link: https://www.econbiz.de/10010261653