Reallocation, Firm Dynamics, and Productivity Growth: Evidence from Eswatini’s Manufacturing Sector

This article investigates the contributions of real productivity, firm-size rationalization, and net-entry effects to aggregate labour productivity (ALP) growth using a panel dataset from Eswatini’s manufacturing sector.

Working Paper
21 Nov 2022

Productivity and Reallocation, with Distortions: Evidence from Eswatini

This  paper  studies  productivity  growth  and  input  reallocation  across  plants, and  scrutinisesthe  wedges between  the  marginal  product  of  inputs  and  marginal &nbsp

Working Paper
24 Jun 2022

Fixed Costs, Markups and Concentration in Eswatini (Swaziland): A Firm-level Analysis of Panel Data

This paper documents the evolution of markups and concentration, detects causality between firm churning and markups/concentration, and determines the impact of fixed costs on markups.

Journal Article
26 Jun 2021

Entry, Exit and the Hazards of Firms under Trade Liberalization: Evidence from Eswatini

The goal of this paper was to estimate an empirical hazard function of firms by determining the impact of selected firm characteristics and unobserved heterogeneity on a firm‟s survival time prior to exit during a period of de factor trade liberalization.

Working Paper
21 Jul 2020

Markups, Productivity, and Export Dynamics

The primary goal of this paper is to efficiently recover consistent markups from firm-level production technology under cost minimization settings in order to document the relationship between unobserved idiosyncratic productivity shocks and endogenous markups.

Working Paper
27 Mar 2020

Making Forgotten Firm Data Available for Research in Ghana and Swaziland

This project aims to bring micro-data collected by statistical agencies in Ghana and Swaziland into the research domain, to standardise the data series over time and to provide supporting documentation to allow for the use of this data by the broader research community.

Research Project
28 Jun 2014