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The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …
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fixed effect for testing the required set of hypotheses. The Hausman test confirmed the consistency and efficiency of the …
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pertains to why capital seems to flow to economies with lower rather than higher productivity growth. We find that while … portfolio equity and debt investment flows are negatively related to total factor productivity (TFP) in developing Asia, thereby …
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