efforts are affecting the dynamic relationship between environmental efficiency and economic productivity, turning it from an … (efficiency) at firm level we exploit NAMEA sector for CO2, NOx, SOx data over 1990-1999. The paper tests the extent to which … (past) environmental efficiency/intensity, which is driven by structural features and firm strategic actions, including …

in a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … the roles of liquidity and financial institutions, and show two ways in which intermediation can enhance efficiency and …

What determines the aggregate and distributional effects of new transportation infrastructure? One key overlooked … channel is the role that infrastructure policy plays in changing the incentives of firms to enter, exit, and grow--in turn … generating endogenous changes in local productivity. In this paper, we document and quantify the importance of this channel by …

expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years …