human capital and productivity improvements. While educational attainment is very high, the education system needs to be …

Using a cross-country firm level panel dataset from 1995 to 2015, this paper revisits the finance–productivity nexus by … result, financial frictions are expected to be more binding for productivity growth in sectors where intangibles have become … level. We provide evidence that financial frictions act as a drag on productivity growth and especially so with respect to …

Investment in intangible assets has become an increasingly important driver of productivity growth in OECD countries … finance, and financial development in particular, is more important for productivity growth in sectors that are intensive in …, results confirm that the impact of financial development on labour productivity is not uniform across sectors. It varies based …