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Export responses to real exchange rate (RER) depreciations in Pakistan are lower than those to appreciations. This paper empirically documents this asymmetric response using macro-level data. It then relies on a disaggregated export product-level data set for 2003-17 to test, within a panel...
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The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge...
Persistent link: https://www.econbiz.de/10012257329
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-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …
Persistent link: https://www.econbiz.de/10012230763
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 …
Persistent link: https://www.econbiz.de/10012297843
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 …
Persistent link: https://www.econbiz.de/10012051862
Over the past decades, East Asia and Pacific's productivity has been gradually catching up with the frontier (the … United States), with China leading the pack. Productivity growth has been driven by sustained within-sector productivity … growth. Reallocation of labor to sectors with higher productivity, such as industry and services, also contributed to …
Persistent link: https://www.econbiz.de/10012002254
between servicification and productivity in Turkey. Although servicification has the potential to boost firm performance, the … particularly less productive. Regulatory restrictions in services are explored as an explanatory factor. Productivity gaps appear …
Persistent link: https://www.econbiz.de/10012002332
urban productivity in Latin American cities. The use of night-time lights satellite imagery and high-resolution population … areas generates opposite effects on urban productivity. On the one hand, smaller governments tend to be more responsive and … efficient, which increases productivity. But, on the other hand, multiple local governments face coordination costs that reduce …
Persistent link: https://www.econbiz.de/10012002708