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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 …
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determinants such as: corruption, regulation and bureaucracy, quality of public and government services, detection probability …
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Using a 10-year panel survey covering Vietnamese manufacturing firms, we consistently obtain firm-specific mark-up estimates and relate these to firm-level formality. The average firm-specific mark-up using a trans-log revenue production function specification is estimated to be 1,445, with...
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Inclusive development is a key policy priority since growth processes have not always helped lowerincome groups. Innovation is a major driver of growth and its relationship with inequalities in income and opportunities raises some important policy questions: Do innovation and the resulting...
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