9789286150357.pdf

Using firm balance sheet data, this paper shows the impact of credit constraints on allocative efficiency and productivity growth. Allocative efficiency is the extent to which resources, including labour, are distributed to firms with the highest growth prospects, or “stuck” in less productive firms...

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Λεπτομέρειες βιβλιογραφικής εγγραφής
Γλώσσα:English
Έκδοση: European Investment Bank 2021