, and investment growth. But the manner in which the financial sector develops matters. The relative importance of banks in … the financial system is important in explaining consumption, and investment volatility. The proportion of credit provided … investment volatility. The simple availability of credit to the private sector, probably helps smooth consumption, and GDP …

dependent on the estimation approach, and specification. 2) Even for specific industries, the elasticity of labor demand differs …The authors present the first comparable dynamic panel estimates of labor demand elasticity, using data from Chile … labor market. Even accounting for the large variance induced by different estimation techniques, one probably cannot say …

added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over …

that productivity, foreign affiliates sales, and trade and investment in services may hold for interdependence and cross …

This is a background paper to the 2014 World Development Report. Risk is inherent to the pursuit of opportunity. This …

, using the World Bank Enterprise Surveys, this paper analyzes how environmental regulations and treaties affect both the …

The author analyzes sectoral patterns of investment and saving in China-over time and compared with other countries …-to shed light on the factors driving high investment and on how saving is channeled into investment. The findings inform … several policy debates. Key findings include: (1) investment by enterprises distinguishes China from other countries and …