Structural transformation in most currently developing countries takes the form of a rapid rise in services but limited industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that circumvents the notorious difficulties in...

Regionale Produkte sind im Trend. Kreative Manufakturen, offene Werkstätten und moderne Fertigungsmethoden verhelfen dem Handwerk in der Stadt zu einer Renaissance. Was ist daran eigentlich das Neue? Und warum schlummert darin so ein großes Potenzial für einen nachhaltigen Wohlstand und für...

The vigorous growth of the Chinese economy together with its increasingly successful role in international trade may have profoundly impacted developing countries. This study examines the large increase in the international trade exposure of the Brazilian economy during 2000-2012 to assess the...

Regionale Produkte sind im Trend. Kreative Manufakturen, offene Werkstätten und moderne Fertigungsmethoden verhelfen dem Handwerk in der Stadt zu einer Renaissance. Was ist daran eigentlich das Neue? Und warum schlummert darin so ein großes Potenzial für einen nachhaltigen Wohlstand und für...

This paper explores differences and similarities across formal and informal microenterprises in Senegal. It uses a new national sample of more than 500 firms, of which two-thirds are informal and over 95 percent are micro-size, employing five or fewer full-time employees. The analysis finds that...

We use the non-parametric Data Envelopment Analysis (DEA) and the parametric Stochastic Frontier Analysis (SFA) to workout efficiency and productivity of the ICT sector across 50 countries for the time period 2016 and 2020. By considering OECD -DSTRI index as bad output, the study intends to...

In this paper we analyse the effects of technological innovation in the artificial intelligence (AI) domain on productivity. We embed the recently released data on patents and publications related to AI into an augmented panel model of productivity growth, estimated for OECD countries, and...

The aim of this study is to analyze the impact of exporting on labor demand in Turkish manufacturing industry. By using Generalized Methods of Moments (GMM) with the firm-level production and trade data of Turkish manufacturing industry, this paper is exploring the employment impact of...

From an empirical-based perspective, this paper explores the influence of intellectual capital factors on the performance of firms in the Dominican Republic. A Likert scale from one to seven was used to capture firms' sensitivity to human, structural and relational capital factors. An...

We present a multi-city migration model to study the endogenous choices of migration during a pandemic and to evaluate various policy alternatives as well. Analytical solutions are provided under the two situations respectively: laissez-faire equilibrium and social optimum. We find that...

This paper explores the effects of two wastewater regulations on export product quality using disaggregated level data from China. Applying a difference-in-differences approach, I find the first regulation improves product quality by 4.8%, while the second regulation with more rigorous standards...

The aim of the research was to assess the changes (in dynamic terms between 2008 and 2017) in the productivity of farms specializing in milk production with the use of the Färe-Primont aggregated total factor productivity index. The total factor productivity index was divided into the...

We study the effects of globalization on agricultural productivity across countries. We develop a multi-country general equilibrium model that incorporates choices of crops and technologies in agricultural production at the micro-level of fields covering the surface of the earth. We estimate our...

We propose an accounting framework that maps the dispersion of borrowing costs along the debt maturity structure to the misallocation of productive resources. Specif- ically, we decompose the effects of credit misallocation into two distinct channels: limited access to debt finance (scale...

We study how air pollution affects firm dynamics: entry, exit, innovation, and (aggregate) productivity. Using an instrumental variable strategy, we find that air pollution significantly reduces entry and innovation and raises exit. Moreover, air pollution leaves firms with higher productivity...

Using a rich dataset of Chinese firms, we investigate the effect of industrial policies on resource misallocation. Our difference-in-difference model estimates provide evidence that government policies increased the dispersion of revenue productivity across firms in four-digit industries...

This paper aims to investigate whether there is empirical evidence supporting the learning-to-export hypothesis, which has received little attention in the literature. By taking full advantage of plant-product level data from Korea during 1990-1998, we find some evidence for the...

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

We develop a new method for estimating industry-level and aggregate total factor productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in factor utilization. Using it to compute TFP growth rates in the United States and in...

This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in Japanese manufacturing for the years 1994-2000, I show...

There are various factors from empirical studies that many factors influence firm performance. The purpose of this conceptual paper is to review the impact of intellectual capital as a unidimensional factor on the performance of manufacturing SMEs operating in Malaysia. The framework was...

This papers develops a taxonomy of financially distressed and zombie firms using a rich dataset that combines detailed firm-level and bank-firm level information in Spain. A distressed firm exhibits both cash-flow and balance-sheet insolvency whereas a zombie firm is a distressed company that...

This paper quantifies the degree of factor misallocation across the productivity spectrum of Chinese manufacturing firms and confirms the inadequate allocation of resources to high-productivity firms. This misallocation is only partially proxied by private versus state ownership status. The...

We examine the effect of foreign direct investment (FDI) on local firms’ productivity via human capital transfer from multinational enterprises (MNEs) to local firms. Using the firm-level data for 2010–2015 from the Republic of Korea, we identify human capital spillovers using local firms’...

We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity in India. The staggered liberalization of access to foreign capital across disaggregated industries allows us to identify changes in firms' input wedges, overcoming major challenges in...