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contribution of total factor Productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate Productivity growth. This paper explores the question of what … kind of structural policies could boost Productivity growth in SMICs and the political economy factors that may be …
Persistent link: https://www.econbiz.de/10014411857
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This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian … characteristics, removing these constraints can improve average productivity and investment of firms in Lithuania by 0.51 percent and …
Persistent link: https://www.econbiz.de/10015059916
This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea's labor … productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry …-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD's Product …
Persistent link: https://www.econbiz.de/10015060021
COVID-19 hit on the back of weakening productivity growth in many advanced and emerging Asian countries, a trend that … could be exacerbated by the pandemic. Interestingly, productivity growth in the region was slowing even amid increased … this disconnect is the growing dispersion in productivity growth, innovation effort, and digitalization across and within …
Persistent link: https://www.econbiz.de/10015060065
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
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