Using a cross-country firm level panel dataset from 1995 to 2015, this paper revisits the finance–productivity nexus by … result, financial frictions are expected to be more binding for productivity growth in sectors where intangibles have become … level. We provide evidence that financial frictions act as a drag on productivity growth and especially so with respect to …

Investment in intangible assets has become an increasingly important driver of productivity growth in OECD countries … finance, and financial development in particular, is more important for productivity growth in sectors that are intensive in …, results confirm that the impact of financial development on labour productivity is not uniform across sectors. It varies based …

This paper investigates capital formation with a view at various tangible and intangible assets across Europe. Using …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …

indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in … productivity growth. However, direct empirical evidence of the positive effects of these policies on productivity is less …

productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms … from globalisation on firms’ R&D productivity, especially in the US, while a negative impact for industrial diversification …