EIB Working Paper 2021/04 - Aggregate productivity slowdown in Europe New evidence from corporate balance sheets
Using firm balance sheet data, this paper shows the impact of credit constraints on allocative efficiency and productivity growth. Allocative efficiency is the extent to which resources, including labour, are distributed to firms with the highest growth prospects, or "stuck" in less produc...
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| Format: | Elektronski Book Chapter |
| Jezik: | angleščina |
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European Investment Bank
2021
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| Online dostop: | OAPEN Library: download the publication OAPEN Library: description of the publication |
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