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The principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of markets and incentives for investment, which in turn require trust. This paper...
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Research on the determinants of collective action in the commons generally focuses on interest-group heterogeneity, implicitly assuming that groups perceive the same problems but have different priorities. This paper changes the focus to the role played by perceptions themselves. Within...
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-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …
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This paper presents firm-level estimates of revenue-based total factor productivity premiums of manufacturing firms … adopting digital technology in 82 developing economies over 2002–19. The paper estimates productivity using the control … function approach and assuming an endogenous revenue-based total factor productivity process, which is a function of multiple …
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as the impact of these activities on firm-level productivity. The evidence gathered suggests that countries in the South …-owned firms as the most innovative of the region. The evidence also suggests a positive impact of innovation on productivity …
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