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Especially in developing countries credit constraints are often perceived as one of the most important market frictions constraining firm innovation and growth. Huge amounts of public money are being devoted to the removal of such constraints but their effectiveness is still subject to an...
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This paper investigates the impact of sustained lower productivity growth on exports, by looking at the role of the … productivity distribution and allocative efficiency as drivers of export performance. It follows and goes beyond the work of Barba … Navaretti et al. (2017), analysing the effects of productivity on exports depending on the dynamics of allocative efficiency …
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