Productivity in emerging countries : methodology and firm level analysis based on international enterprise business surveys /

Productivity in emerging countries : methodology and firm level analysis based on international enterprise business surveys /

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Bibliographic Details
Author / Creator:	Escribano, Alvaro, author.
Imprint:	Cambridge : Cambridge University Press, 2021. ©2021
Description:	106 pages : illustrations, map, charts ; 23 cm
Language:	English
Series:	Elements in the economics of emerging markets Cambridge elements. Elements in the economics of emerging markets.
Subject:	Industrial productivity -- Developing countries -- Econometric models. Economic development -- Developing countries. Economic development. Industrial productivity -- Econometric models. Developing countries.
Format:	Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12638453

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Other authors / contributors:	PENA, JORGE
ISBN:	1108829449 9781108829441 9781108905749 (PDF ebook) 9781108909938 (PDF ebook)
Notes:	Includes bibliographical references (pages [99]-106).
Summary:	Emerging countries are increasingly concerned with improving their competitiveness and productivity. This Element develops a robust econometric methodology, based on controlling for usual unobservable effects at the firm or plant level. By robust empirical results in total factor productivity (TFP), we mean estimating investment climate (IC) elasticities, or semi-elasticities, with equal signs and similar magnitudes for more than ten different competing TFP measures. The key to achieving similar empirical results for several TFP measures is to avoid having the problem of omitted variables, achieved through imputation of large proportions of missing observations in relevant variables (i.e., the capital stock). Furthermore, through the use of a new concept of aggregate TFP (TFPIC), which measures the associated IC effects on firms' TFP, we are able to make meaningful cross-country firm-level productivity comparisons, avoiding the usual problem of comparing apples with organges that would otherwise occur if we directly compare country's TFP measurements--back cover.
Other form:	ebook version : 9781108905749

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Call Number:	HD56 .E83 2021
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