From Firm Productivity Dynamics to Aggregate Efficiency
The author constructs a quantitative framework to evaluate how financial constraints can reduce productivity growth at the firm level and result in lower aggregate productivity. The author considers a model where firms are able to invest in innovat...
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| Format: | Journal Article |
| Language: | English |
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Published by Oxford University Press on behalf of the World Bank
2019
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| Online Access: | http://documents.worldbank.org/curated/en/478111565605990041/From-Firm-Productivity-Dynamics-to-Aggregate-Efficiency http://hdl.handle.net/10986/32231 |