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In this paper we analyze the effect of infrastructure on the cost and productivity performance of the private … significantly to enhance productivity and reduce costs in the private sector of almost every Spanish region. Nevertheless, there is …
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on average firm-level productivity growth across regions into these channels. We then structurally estimate the model and … growth of firm-level productivity and cash-flow and higher export entry rates. We find negative average effects for firms in …
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-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
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This book analyzes the dynamic macroeconomic effects of public capital in industrialized countries. The issue of whether public capital is productive has received a great deal of recent attention. Yet, existing empirical analyses have been limited to a small set of countries. This book presents...
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