An estimation of the aggregate economic harm caused by cartels in developing countries provides evidence that it can be substantial irrespective of the scale of the economy in question.
The researchers investigate the dynamics of firm productivity and worker compensation in developing economies by studying firm-level Brazilian manufacturing data for a period of high economic growth following economic reform.
This project considers financial constraints as barriers to entry and growth and examines whether easing these constraints can induce entry of more dynamic start-ups with greater long-run growth potential than by removing explicit entry barriers.
Exploiting a set of tax reforms in Brazil, the author examines the impact of taxes levied at every stage of production on a firm's decision to integrate vertically, its investment, and its productivity.
Misallocations of factors of production have the potential to explain a large portion of cross-country differences in productivity (Hsieh and Klenow, 2009). Yet, empirical evidence relating actual differences in firms' productivity to observable policy distortions has been scarce.
This project studies the effect of productivity growth in agriculture through the adoption of a new technology, genetically modified soybean seeds, on industrial development in Brazil.