Structural Reforms and Firms Productivity Evidence from Developing Countries is popular PDF and ePub book, written by Wilfried A. Kouamé in 2018-03-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Structural Reforms and Firms Productivity Evidence from Developing Countries can be Read Online from any device for your convenience.
Structural Reforms and Firms Productivity Evidence from Developing Countries Book PDF Summary
This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector reforms have the most sizeable effects on firm-level productivity. The relationship between structural reforms and firm-level productivity is nonlinear and shaped by some firms’ characteristics such as the financial access, the distortionary environment, and the size of firms. The pace of structural reforms matters since being a “strong reformer” is associated with a clear productivity dividend for firms. Finally, except for financial and trade reforms, all structural reforms under consideration are bilaterally complementary in improving firm-level productivity. These findings are robust to several sensitivity checks.
Detail Book of Structural Reforms and Firms Productivity Evidence from Developing Countries PDF
- Author : Wilfried A. Kouamé
- Release : 19 March 2018
- Publisher : International Monetary Fund
- ISBN : 9781484347003
- Genre : Business & Economics
- Total Page : 42 pages
- Language : English
- PDF File Size : 13,9 Mb
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