business environment, low R&D expenditure, low-quality higher education and under-developed infrastructure. The research also … examines implications of these shortcomings for Vietnam. These are low productivity, diminishing GDP growth, middle income trap … structural reforms to change the growth model from factor-based to productivity-based, raising technology level, enhancing human …

This paper investigates whether better access to markets through an improved road network plays a role in improving the … profitability of firms in India. We construct a district-level market access index using Indian road network shapefiles, district … boundaries, and nightlight raster images and estimate the shortest driving distances for districts using the road network. Using …

This paper studies the impact of productivity on the flow of financial resources to and from firms. To do this we use … machine learning methods (Lasso, XGBoost) to derive a new measure of firm productivity using standard corporate accounts … expenses, iii) total assets. Empirically finance typically flows away from high productivity firms. We provide a model to …

Caves, Christensen, Diewert introduced Malmquist output, input and productivity indexes into production theory in a … systematic way. This paper revisits the debate on how to decompose Bjurek's concept of a Malmquist productivity index into … of the productivity decomposition are proven under relatively unrestrictive assumptions. The paper provides for the first …

intensively if its productivity realization is large and curtailed otherwise. Some investment in even the riskiest technologies …

Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity … procyclical productivity as an essential feature of business cycles because each explanation has important implications for … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …