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This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …
Persistent link: https://www.econbiz.de/10015059411
With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure for many countries, particularly in the context of post-pandemic recovery and rising debt emanating from higher energy costs and other pressures. Estimating investment...
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High emigration rates are a challenge in the Western Balkans. High emigration rates might lead to inadequate skilled labor and affect firm creation, capital formation, and economic convergence. The 2021 North Macedonia census reveals that more than 12.4% of North Macedonians live abroad. To...
Persistent link: https://www.econbiz.de/10015058797
Productivity dispersion across countries has led to several studies on the determinants of firm level productivity and … the role of macroeconomic policies in determining productivity. In this paper, we investigate the effect of fiscal … consolidation on firm level productivity in 12 advanced economies by combining an updated dataset of fiscal consolidation measures …
Persistent link: https://www.econbiz.de/10015060298
Capital misallocation is widely thought to be an important factor underpinning productivity and income gaps between … productivity. The analysis reveals that the link between productivity and bank credit growth is weaker for firms with significant …
Persistent link: https://www.econbiz.de/10015060465