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...
| Γλώσσα: | English |
|---|---|
| Έκδοση: |
European Investment Bank
2021
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