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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 uses the sudden surge in Chinese competition faced by Brazil's manufacturers in the 2000s to revisit the … findings from the literature on how productivity, innovation, and employment were impacted by the Great Liberalizationa period …, procompetitive effect of trade on total factor productivity (TFP). However, as in the 1990s, these gains do not seem to have been …
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gives the opportunity to analyse the industry sector's productivity by minimizing the problem of endogeneity and therefore …
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