Showing 1 - 10 of 1,600
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
efficiency, labor productivity, and growth. We also include imports into the knowledge production function, because catching up … economies may adopt technologies embodied in imported hardware. Additionally, we link productivity and innovation output to … process innovation in all performance features except for labor productivity. However, higher efficiency does not improve the …
Persistent link: https://www.econbiz.de/10011975406
The Republic of South Africa faces the imperative of escaping economic stagnation. This paper seeks to synthesize results from a series of research efforts, including but not limited to the work conducted under the UNU-WIDER project on 'Regional growth and development in Southern Africa', and...
Persistent link: https://www.econbiz.de/10011775912
development as well as productivity and firm performance. Eventually, the survey does not only allow the identification of main …
Persistent link: https://www.econbiz.de/10011522665
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10011378362
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity … sector, the distribution of gains from the impressive labour productivity growth appears to be markedly uneven. Finally …
Persistent link: https://www.econbiz.de/10011986753
growth - the few that exists show that there is a positive relationship between debt and future productivity growth … productivity; ii) the strength of this association declines in employment of the firm; iii) there is diminishing returns to … leverage in terms of its impact on productivity but we don't see a threshold beyond which the returns drop; iv) aggregate …
Persistent link: https://www.econbiz.de/10011582310
productivity (TFP) in the two sectors. To test the theoretical predictions, I use the "Establishment History Panel" together with … sectoral data on total factor productivity. The results confirm the theoretical predictions, i.e. they show a negative …
Persistent link: https://www.econbiz.de/10010514034
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean … induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to …
Persistent link: https://www.econbiz.de/10011339428