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Author Kouame, Wilfried A.,
Title Structural Reforms and Firms' Productivity : Evidence from Developing Countries / Wilfried A Kouame.
Imprint [Washington, D.C.] : International Monetary Fund, [2018]
2018

LOCATION CALL # STATUS MESSAGE
 OHIOLINK IMF EBOOKS    ONLINE  
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Author Kouame, Wilfried A.,
Series IMF Working Paper ; WP/18/63
IMF working paper ; WP/18/63.
LOCATION CALL # STATUS MESSAGE
 OHIOLINK IMF EBOOKS    ONLINE  
View online
Author Kouame, Wilfried A.,
Series IMF Working Paper ; WP/18/63
IMF working paper ; WP/18/63.
Description 1 online resource (42 pages).
Summary This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector reforms have the most sizeable effects on firm-level productivity. The relationship between structural reforms and firm-level productivity is nonlinear and shaped by some firms' characteristics such as the financial access, the distortionary environment, and the size of firms. The pace of structural reforms matters since being a 'strong reformer' is associated with a clear productivity dividend for firms. Finally, except for financial and trade reforms, all structural reforms under consideration are bilaterally complementary in improving firm-level productivity. These findings are robust to several sensitivity checks.
Note Print version record.
ISBN 1484347005
9781484347003
9781484347003
ISBN/ISSN 10.5089/9781484347003.001
OCLC # 1043603848
Additional Format Print Version: Kouame, Wilfried A. Structural Reforms and Firms' Productivity: Evidence from Developing Countries. Washington, D.C. : International Monetary Fund,2018 9781484347003



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