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Persistent link: https://www.econbiz.de/10012308247
This paper studies the impact that import competition from China had on firms performance in the manufacturing sector in Peru in 2005-2015. Using a firm-level dataset that covers the universe of firms in the formal sector, our results reveal that Peruvian firms reacted to increased competition...
Persistent link: https://www.econbiz.de/10012154405
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
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This paper examines the relationship between political competition and financial development across a global sample of 127 countries, with a particular focus on developed and democratic OECD countries. Building on the theoretical frameworks of Acemoglu and Robinson (2006) and Besley et al....
Persistent link: https://www.econbiz.de/10015067022
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changes in the contribution of capital productivity, capital intensity and labour participation to the growth rate of output …, decomposition to assess both the contribution of both capital productivity and capital intensity to total factor productivity (TFP …, rather than capital productivity or labour participation, has been the main growth contributor. But this does not mean that …
Persistent link: https://www.econbiz.de/10009732274
productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly … Recession. Secondly, to investigate the effect of uncertainty on productivity growth dynamics, I present a novel general … productivity growth when accounting for the empirical discrepancy between the realised and expected changes to the second-moment of …
Persistent link: https://www.econbiz.de/10012243292
Innovative startups are frequently acquired by large incumbent firms. On the one hand, these acquisitions provide an incentive for startup creation and may transfer ideas to more efficient users. On the other hand, incumbents might acquire startups just to "kill" their ideas, and acquisitions...
Persistent link: https://www.econbiz.de/10013465631
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