between corruption and firm productivity when regulation is high and an insignificant relationship when it is low. These …Using firm-level data from more than 39,000 firms in 111 economies, this paper tests the hypothesis that corruption … impedes productivity more at higher levels of regulation. The analysis finds that there is a significant negative relationship …

-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …

"This paper presents new evidence on the causal links between changes in the business environment and firm productivity … shortcomings of earlier studies, namely reverse causation, multicollinearity, and unreliable productivity estimates. Firm … productivity growth is estimated drawing on corporate financial data from manufacturing firms included in the AMADEUS database …