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Effects of R&D investment on frim/industry productivity have been investigated widely thanks to pioneering …
Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...
The logistics industry is one of utmost relevance and principally serves as a motor of private sec-tor development and growth of the economic sectors of a country or region. A logistics industry that is efficient and accessible to everyone is a key element for companies in a country or region in...
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Recent research conducted by the IDB shows that innovation positively affects productivity growth in the Latin American … dynamics at play in the service sector in the region and the relationship between productivity and innovation in services (as … prolonged productivity lags in the region, while, if well designed and implemented, could have large economic payoffs. This …
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross …
employees’ productive behaviour. Obtained results suggest that it is essential for increased productivity that the employees …
This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...