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What Transparency Can Do When Incentives Fail; An Analysis of Rent Capture
Paul, Elisabeth; Dabla-Norris, Era - International Monetary Fund (IMF) - 2006
This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and empirical studies into a stylized analytical framework that reflects realistic...
Persistent link: https://www.econbiz.de/10005604851
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The New Normal: A Sector-level Perspective on Productivity Trends in Advanced Economies
Dabla-Norris, Era; Guo, Si; Haksar, Vikram; Kim, Minsuk; … - International Monetary Fund (IMF) - 2015
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This … paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of … driving productivity differences across sectors and countries. Since productivity payoffs of reforms evolve over time, we also …
Persistent link: https://www.econbiz.de/10011245883
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Benchmarking Structural Transformation Across the World
Dabla-Norris, Era; Thomas, Alun H.; Garcia-Verdu, Rodrigo; … - International Monetary Fund (IMF) - 2013
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period...
Persistent link: https://www.econbiz.de/10010790237
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The Missing Link Between Financial Constraints and Productivity
Badia, Marialuz Moreno; Slootmaekers, Veerle - International Monetary Fund (IMF) - 2009
-level productivity, focusing on the case of Estonia. We contribute to the literature in two important respects: (i) we look explicitly at … constrained. More importantly, we find that financial constraints do not lower productivity for most sectors. …
Persistent link: https://www.econbiz.de/10004999959
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Competitiveness in the Southern Euro Area; France, Greece, Italy, Portugal, and Spain
Lissovolik, Bogdan; Escolano, Julio; Fabrizio, Stefania; … - International Monetary Fund (IMF) - 2008
(sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors … and FDI could improve productivity and export performance. …
Persistent link: https://www.econbiz.de/10005605063