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Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the Indian economy by 2 per cent points. This paper tests the hypothesis of the J...
Persistent link: https://www.econbiz.de/10009203553
This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity increases. These factors were in turn supported by the...
Persistent link: https://www.econbiz.de/10005826110
institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital … steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may …
Persistent link: https://www.econbiz.de/10011142003
This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of...
Persistent link: https://www.econbiz.de/10005248188
Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet. It allows for ongoing valuation of loans. Both are core elements of credit risk management and important to...
Persistent link: https://www.econbiz.de/10005248195
employing the ratio of natural capital rather than natural resource exports to national income as an explanatory variable. We … find evidence that resource abundance, measured by the stock of natural capital, also induces a resource curse, but less …
Persistent link: https://www.econbiz.de/10005248266
banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising …
Persistent link: https://www.econbiz.de/10005263703
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international … financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds …, in an error-correction model, that capital controls generally have statistically insignificant effects on the exchange …
Persistent link: https://www.econbiz.de/10005263719
presented. The interaction between leverage and risk is discussed, and a modified capital adequacy ratio is calculated, which …
Persistent link: https://www.econbiz.de/10005263810
the predictions of the neoclassical growth model. Endogenous growth models, which suggest a larger contribution of capital …
Persistent link: https://www.econbiz.de/10005263880