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productivity growth slowdown. Motivated by these facts, we provide a model connecting international financial integration and … global productivity growth. The key feature is that the tradable sector is the engine of growth of the economy. Capital flows … technological frontier, the result is a drop in global productivity growth. We dub this effect the global financial resource curse …
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. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this … productivity and exports when essential elements are in place for its effective use, such as reliable electricity …
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