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The principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of markets and incentives for investment, which in turn require trust. This paper...
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ownership. Further, the paper shows that additional productivity dividends are associated with increased competition in Romania … productivity growth, such as addressing regulations that restrict entry and rivalry in the retail trade sector, which concentrates …
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Embedding management and operational practices survey in a broader firm capabilities survey, this paper finds that an average firm in Croatia scores 0.532 on structured management practices, which is farther from the frontier (0.615 in the United States). This average, however, masks the wide...
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This paper investigates cross-sectoral productivity differentials in South African industry and their distributional … consequences. The analysis shows that typically, traded sectors have experienced low productivity growth over the past decade …, while skill intensive service sectors have had significant productivity growth. This is the inverse of the traditional …
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Ethiopia's competitiveness and attractiveness as an investment destination by comparing domestic productivity and input costs …, the labor cost advantage of Ethiopian firms is more than offset by low productivity. However, Ethiopia appears competitive … when compared to Bangladesh. Capital, firm size, or sectoral composition do not explain the low productivity of the …
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