This paper investigates the relationship between firm-level productivity and investment climate (IC) for a large number of countries (23) and manufacturing industries (8). We first propose three measures of firms' productive performances: Labor Productivity (LP), Total Factor Productivity (TFP),...

L'objectif de ce papier est de faire le point sur l'état de la convergence nominale dans l'Union Economique et Monétaire Ouest Africaine (UEMOA). En 1999, les huit pays constitutifs de cette union ont fait vœu d'harmoniser leur politique budgétaire de manière à compléter la gestion...

The purpose of this paper is to examine Total Factor Productivity (TFP) of six Tunisian manufacturing sectors and to compare these productivities with those of OECD countries. The analysis covers the period 1983-1999. First, TFP is measured and some of the main economic and financial...

The purpose of this paper is twofold. First, sector-based Total Factor Productivity (TFP) is calculated for six Tunisian manufacturing sectors over the period 1983-2002. Economic determinants of the productive performance are also investigated. In doing so, we take care of the direction of the...

This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private flows are associated with a real exchange rate appreciation. Among private flows,...

Over the last two decades, methodological developments on the parametric measurement of firms? productive performance have referred to two analytical approaches: the average production function and the production frontier. Each of these methods has its own benefits and limitations, either for...

Over the last two decades, methodological developments on the parametric measure of the firm productive performance have referred to two analytical bodies : the average production function and the production frontier. Each of these methods has its own benefits and limitations, either for the...