Over the last two decades privatization programs in different countries radically reduced the role of the State as a …'s principal-agent structure following privatization, and incentives to invest in R&D and to patent. We compare the pre and post … privatization R&D effort and patenting behavior of 35 companies that were fully or partially privatized in 9 European countries …

productivity performance. The empirical distributions and the associated persistence over time are explored through a set of … external credit. We also offer an initial understanding about how profitability and productivity relate with a third dimension … profitable firms to grow faster. -- firm performance ; profitability ; productivity ; financial constraints …

less. Laggard firms, we suggest, should instead achieve productivity growth through efficient exploitation of existing …

productivity and employment growth. …

model incorporates productivity dynamics (learning and depreciation) and is extended with time-saving process innovations …

Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low … productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across … sectors would enable emerging countries to overcome the middle-income trap. Y et, this positive trend in productivity should …

above average size, initial profitability and initial labor productivity. After controlling for this selection bias, we find … that foreign investment has a positive, but statistically insignificant, impact on TFP (Total Factor Productivity) growth …

Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …