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The impact of structural reforms on productivity : the role of the distance to the technological frontier
Gouveia, Ana Fontoura; Santos, Sílvia; Gonçalves, Inês - 2017
In recent years, literature has linked structural reforms with productivity growth. Considering Portugal’s recent comprehensive reform agenda, this topic acquires particular relevance. Using data for Portuguese firms for the period 2006-2014, this paper assesses the impact of structural...
Persistent link: https://www.econbiz.de/10011732451
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Persistent high-growth firms in China's manufacturing
Moschella, Daniele; Tamagni, Federico; Yu, Xiaodan - 2017
the China's miracle, we find that HG firms outperform other firms, showing higher productivity, higher profitability …
Persistent link: https://www.econbiz.de/10011583282
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The wage-productivity nexus in the world factory economy
Dosi, Giovanni; Virgillito, Maria Enrica; Yu, Xiaodan - 2019
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 nexus from a micro level perspective using...
Persistent link: https://www.econbiz.de/10011986753
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Local capital scarcity and small firm growth : evidence from real estate booms in China
Hau, Harald; Ouyang, Difei - 2019
In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their competitiveness. Using exogenous variation in the administrative land supply across 172 Chinese cities, we show that higher predicted real...
Persistent link: https://www.econbiz.de/10012120233
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Capital scarcity and industrial decline : evidence from 172 real estate booms in China
Hau, Harald; Ouyang, Difei - 2018
In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their growth and competitiveness. Based on exogenous variations in the administrative land supply across 202 Chinese cities, we show that real...
Persistent link: https://www.econbiz.de/10011899931
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Economic and Productivity Growth Decomposition : An Application to Post-Reform China
Li, Kui-Wai - 2015
the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted … incorporated with human capital is used to estimate the growth attributes in China. The empirical results show that input growth is … policy implication for a sustainable post-reform China economy is the need to promote human capital accumulation and …
Persistent link: https://www.econbiz.de/10013012043
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Economic and Productivity Growth Decomposition : An Application to Post-reform China
Li, Kui-Wai - 2020
the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted … incorporated with human capital is used to estimate the growth attributes in China. The empirical results show that input growth is … policy implication for a sustainable post-reform China economy is the need to promote human capital accumulation and …
Persistent link: https://www.econbiz.de/10012832348
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Productivity growth across the world, 1991 - 2003
Kim, Sangho; Park, Donghyun; Park, Jong-Ho - 2010
We apply a stochastic frontier production model to data from 53 countries during 1991-2003 to estimate total factor productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that world productivity growth was led by fast-growing...
Persistent link: https://www.econbiz.de/10008658803
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How Does Bribery Affect a Firm’s Future Growth? Empirical Evidence from Transition Economies
Wu, Ruohan - 2019
Although economists have long studied the impact of bribery on firms' development, the debate continues as to whether bribery ‘greases' or ‘sands' the growth of businesses. For this investigation, we acquired data from the Business Environment and Enterprise Survey conducted by the World...
Persistent link: https://www.econbiz.de/10012864818
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Stunted Growth : Why Don't African Firms Create More Jobs?
Iacovone, Leo - 2014
Many countries in Africa suffer high rates of underemployment or low rates of productive employment; many also anticipate large numbers of people to enter the workforce in the near future. This paper asks the question: Are African firms creating fewer jobs than those located elsewhere? And, if...
Persistent link: https://www.econbiz.de/10013059437