that links these features of the business environment to cross-firm productivity distributions, entrepreneurs' welfare, and …

The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host … relative productivity of the foreign firm leads to higher additional growth in financially developed economies compared to …

of productivity growth, but the effect depends critically on a country's level of financial development. For countries …

Purpose-The purpose of this study is to investigate efficiency and productivity of Turkey's both brokeragesector and … analysis (DEA) and Malmquist total factorproductivity index (MPI) are used to analyze efficiency and productivity of Turkey … to be the least. Finally, the resultsof productivity analysis indicate that all types of IIs are not fully productive …

forward a model of credit frictions to show that if financial integration exceeds financial deepening, productivity will fall …

resources and aggregate productivity. This paper quantifies the effect on aggregate productivity of an improvement in financial … Chile. I find that aggregate productivity increases by 2.5 percent following a financial reform that makes Chile's level of …, predicting an increase in productivity of 0.3 percent. Acknowledging firing costs introduces two reasons why the financial reform …