Many firms in developing countries could be too small to adopt modern technology embodied in expensive production machines. This paper shows that rental market interactions allow these small firms to increase their effective scale and mechanize production.
Tracing out the effect of large economic stimuli on the pattern of transactions in an integrated economy, and their aggregate implications, has long been a central goal of economic analysis, but until now has not been studied experimentally.
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.
We assess South African workseekers' skills and disseminate the assessment results to explore how limited information affects firm and workseeker behavior.
Managerial practices are seen as key drivers of productivity differences across firms. However, they are generally considered as unobserved and assimilated to firms' individual fixed effects.
This paper studies the impact of international business coaching via virtual collaboration technology on the strategies and sales of emerging market entrepreneurs.