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 …

policies to cross-country differences in productivity, innovation and resource allocation. This paper describes the steps taken … to and the trade-offs involved in constructing firm-level total factor productivity (TFP) measures using ORBIS, a cross … productivity measures can be calculated using readily available variables for all countries, and presents possible solutions to …

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 …

as well as their broader impacts on productivity via reallocation, relying on a simulation model and econometric … productivity levels over the medium-term. Results suggest that, over the 2007-2018 period, increases in large-scale loan guarantee … schemes were associated with weaker reallocation of credit and labour from low to high productivity firms. However, these …

The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …

Productivity growth has declined in most advanced economies in the past two decades and there are signs that the pace … - international trade in intermediate inputs - for multi-factor productivity growth using a range of cross-country industry-level data … sources. We find that greater participation in GVCs is associated with faster domestic productivity growth at the industry …

This paper uses a novel empirical approach to assess if the development of online platforms affects the productivity of …) and ten OECD countries using internet search data from Google Trends, which we link to firm-level data on productivity in … these industries. We find that platform development supports the productivity of the average incumbent service firm and also …

This report contains an empirical analysis of the productivity and sustainability performance of different types of … farms in thirteen countries. Farm productivity performance is measured through estimates of average productivity levels and … structure, innovation of operations, individual characteristics as well as farm location. Productivity performance by farm …