Showing 1 - 4 of 4
This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth and another studying its impact on volatility...
Persistent link: https://www.econbiz.de/10012943988
The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The paper uses data from the Malaysian manufacturing census to measure the country's hypothetical productivity gains when moving toward the level of within-sector allocative...
Persistent link: https://www.econbiz.de/10012924382
investment data from Eurostat, infrastructure quality assessments from the Global Competitiveness Report, and credit availability … characteristics are most important for firm productivity growth, particularly the stock of inward foreign direct investment and the … outward foreign direct investment …
Persistent link: https://www.econbiz.de/10012974449
This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition...
Persistent link: https://www.econbiz.de/10012747900