Showing 1 - 10 of 2,616
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is … explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10010268573
things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage … thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …
Persistent link: https://www.econbiz.de/10010267663
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … as pivotal input in order to control for their particular contribution to firm-level efficiency. Conceptually, the study … results of this study suggest that - if the aim is to leverage companies' productivity - emphasis should be put on supporting …
Persistent link: https://www.econbiz.de/10010269441
Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...
Persistent link: https://www.econbiz.de/10010267976
catching up to the (world) efficiency standard given by foreign-owned firms; and the distance of the Russian firms to the …Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier …
Persistent link: https://www.econbiz.de/10010271756
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important but specific function in the economy. They engender relatively much employment creation, productivity growth …
Persistent link: https://www.econbiz.de/10010277005
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010289844
MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …
Persistent link: https://www.econbiz.de/10010262187
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10010262315