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Persistent link: https://www.econbiz.de/10009689732
This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity. Numerous studies analyse the productivity effects of financial development and frictions. The results suggest: 1) Financial development likely has...
Persistent link: https://www.econbiz.de/10011700187
gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …, which hinder the allocation of new ideas to where they can be developed most efficiently. While a number of policy …
Persistent link: https://www.econbiz.de/10009690906
Portugal has notably increased its international openness over recent decades, with exports’ share of GDP rising by 20 percentage points since 1993. This analysis couples microdata with panel regression techniques to investigate the drivers of Portuguese export growth over the 1995-2016...
Persistent link: https://www.econbiz.de/10012304418
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resource allocation. In particular, the Lithuanian government should promote better governance of state-owned enterprises, more …
Persistent link: https://www.econbiz.de/10011577800
Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital. In particular, investment in knowledge-based capital and greater inward FDI can help Slovenia...
Persistent link: https://www.econbiz.de/10011823619
penalise failure can raise the expected returns to investing in KBC by improving the efficiency of resource allocation. While …
Persistent link: https://www.econbiz.de/10009767752
on the efficiency of resource allocation. Our results suggest that there is an economically and statistically robust …, stringent regulations are more disruptive to resource allocation in more innovative sectors, though the nature of innovation …
Persistent link: https://www.econbiz.de/10009696511
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