Using a cross-country firm level panel dataset from 1995 to 2015, this paper revisits the finance–productivity nexus by … result, financial frictions are expected to be more binding for productivity growth in sectors where intangibles have become … level. We provide evidence that financial frictions act as a drag on productivity growth and especially so with respect to …

This paper investigates the causal effect of public administration efficiency on firm-level productivity. To this … administration efficiency and firm productivity because of large and persistent spatial disparities in economic performance and local …’ productivity growth. Increasing local public administration efficiency from the 25th percentile to the 75th percentile would raise …

growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the …

search of jobs. Such movement of labour from less to more productive jobs boosted overall labour productivity and growth …. Agglomeration and scale economies further pushed up productivity. While the productivity gains from internal migration will diminish … gradually over time, urbanisation is likely to remain an important source of productivity growth in the coming decade or so …

For much of the second half of the twentieth century, labour productivity grew rapidly in most OECD economies, fuelled … by the adoption of a large stock of unexploited existing technologies. However, the slowdown in productivity growth over … shape an economy’s ability to learn from the global productivity frontier. An economy’s ability to benefit from frontier …

state involvement and rigid labour and product markets lowered productivity. Weak corporate governance and easy credit … attract FDI and raise efficiency. Low innovative activity could be boosted by more FDI, stronger framework for entrepreneurial …-skilled workers. Limiting the minimum wage growth, and lowering the high tax wedge on labour income could boost employment. Efficiency …

convergence by facilitating the migration of workers out of the low-productivity agricultural sector into the industry and … are required, and efficiency could be further enhanced, especially through better targeting. The distribution of income …

, policy has a role to play in expanding economic capacity by reducing supply-side constraints and fostering productivity …

Much of the convergence of the Latvian economy needs to come from productivity increases. To achieve this, policy … transfer – essential for increasing productivity – does take place, reforms of the vocational education and training system, of …

to boost productivity growth, such as tax reform, improving the performance of the judicial system and better public …