Sudhir, K.; Talukdar, Debabrata - Cowles Foundation for Research in Economics, Yale University - 2015
corruption, but higher when there is better enforcement and auditing. So firms have a higher productivity gain threshold to adopt …Firms make investments in technology to increase productivity. But in emerging markets, where a culture of informality … taxes and need for regulatory compliance. This tendency of firms to avoid productivity-enhancing technologies and remain …