Firms & Trade
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Estimating productivity spillovers among firm networks in Indonesia
Clustering of firms in Indonesia only leads to substantial productivity spillovers in a few industries, suggesting the need to review cluster policies
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The cost of labour regulations in India
We inform the debate on labour regulations in India by costing their burden on firms and studying the role corruption plays in increasing these costs
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Opinion: The case for tradable growth
Nick Lea, Deputy Chief Economist of DfID, makes a strong case for why tradable growth is essential for developing countries
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On the role of misallocation in aggregate productivity
Misallocation, a key cause of productivity disparities across nations, is the result of many factors, making it difficult to isolate policy solutions
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The skills to pay the bills: Returns to on-the-job soft skills training
In a randomised controlled trial in India, the returns to a firm’s investment in worker soft skill training were nearly 250% after nine months
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A better way to train small business owners: Using psychology to teach personal initiative
A new personal initiative training programme outperformed traditional business training in increasing profits for informal firms in Togo
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Trade and inequality: From theory to estimation
Starting from a closed economy, trade liberalisation increases wage inequality; as costs fall further, wage inequality peaks and also starts to fall
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The implication of firm competition on industrial policies
Small firms that receive subsidies in India grow more quickly than their competitors. But is it a zero-sum game?
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How high intra-national trade costs limit the gains of globalisation
High trade costs and mark-ups on transportation within African countries reduce the surplus and market access of remote consumers