The timely enforcement of supplier contracts by courts of justice is an important determinant of firms’ organizational structure and overall productivity.
This paper investigates the industrial effects of true state dependence, the sales-to-capital ratio and unobserved heterogeneity on the rate of investment in plant, machinery and equipment (PME) in Swaziland.
In this paper, published in the American Economic Journal: Macroeconomics, Alvarez, Benguria, Engbom and Moser (2018) document a large decline in earnings inequality in Brazil between 1996 and 2012.
This paper by Beáta Itin-Shwartz (2017) investigates competition and market share dominance in the Indian fertilizer sector during a process of deregulation, using a newly constructed database.
Climate policy pushes energy-efficiency investments as a means to reduce energy consumption, and thus greenhouse gas emissions, in developing countries.
Bazzi, Muendler and Rauch (2017) use new data on credit transactions and formal firms in Brazil to identify the effects of a large-scale expansion in credit for small and medium enterprises.
Mobarak and Singhal (2017) present novel evidence on short run exit among urban firms in a developing country. Exit rates are high but surprisingly similar to those for small firms in the United States, and vary systematically by age of the firm, number of employees, and industrial sector.
Brudevold-Newman, Honorati, Jakiela and Ozier (2017) evaluated two interventions that eased credit constraints in slightly different ways: a multifaceted ‘microfranchising’ programme eased both financial and human capital constraints by providing training and physical capital to recipients, while