performance using different econometric methodologies. This work investigates the effect of debt on production efficiency …-run effect of debt on the production efficiency and, thus, output growth. The results show that, in the short run, as debt … increases by $1 billion, efficiency increases by 0.04%. Additionally, we found that the most indebted countries are the most …

productivity across Ghana and South Korea. The labour productivity differentials across these firms exceed those implied by macro … show that if we allow for a non-linear effect of education on output the whole of the average productivity differences …

quantities, variety and productivity. Under constant elasticity of demand, each firm prices above its average cost, yet we show …