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A quantitative framework of firm dynamics is developed where the size of the informal sector is determined by financial constraints and the burden of taxation. Improving access to credit for formal sector firms increases aggregate TFP and output while reducing the size of the informal sector....
Persistent link: https://www.econbiz.de/10011489988
pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect …In this paper, we review theory and evidence on the links between product market regulations that curb competitive …
Persistent link: https://www.econbiz.de/10013112507
Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The … efficient allocation of production factors across firms. In this study, we measure the effect of bureaucracy, labor regulations …
Persistent link: https://www.econbiz.de/10012900823
important gains in aggregate industry productivity and that changes in the allocation of labor play a central role in driving … employment and capital growth of local firms with higher productivity and that this effect is concentrated among young firms …
Persistent link: https://www.econbiz.de/10012972167
the efficient allocation of resources across firms. I document that a higher availability of credit leads to a decline in …
Persistent link: https://www.econbiz.de/10012925009
dispersion in revenue productivity should not be dismissed as mere artifacts of misspecification or measurement errors …
Persistent link: https://www.econbiz.de/10014121862
-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the … suggest that regional productivity differences could be substantially narrowed by a more efficient labor allocation among …This paper argues that regional variation in the efficiency of labor allocation among German manufacturing plants plays …
Persistent link: https://www.econbiz.de/10013503649
strong creditor protection for aircraft finance. After this reform, country-level productivity in the aviation sector …
Persistent link: https://www.econbiz.de/10012668205
A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This … quantities, variety and productivity. Under constant elasticity of demand, each firm prices above its average cost, yet we show …
Persistent link: https://www.econbiz.de/10011374350
research. In this work I focus on the most important such area, the allocation of costs among products in antidumping … proceedings. I develop a comprehensive economic analysis for allocation issues, and couple it with the accounting tools that must …
Persistent link: https://www.econbiz.de/10013035037