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investigate the effects of India's financial liberalization on the productivity of its manufacturing sector in the 1990s and 2000s … micro levels, significantly enhanced the productivity of the manufacturing sector. Total factor productivity increased for …
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We estimate the impact of financial development on industry-level TFP growth using a largely unexploited panel of 77 countries with data for 26 manufacturing industries for the years 1963 to 2003. We find a significant relationship between financial development and industry-level TFP growth when...
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This study examines the mediating role of institutional quality in the relationship between financial development and manufacturing output in Nigeria during the period from 1984 to 2016. To achieve this objective, autoregressive distributed lag method (ARDL) is used to determine the short-run...
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The U.S. economy has experienced a rapid expansion in industries with low productivity growth. In this paper, we … investigate whether financial development improves productivity growth in these industries. Testing reveals that stagnant … industries experience remarkable post-deregulation productivity growth improvement. This result is not an artefact of growing …
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