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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1. autor: | Wolski, Marcin (auth) |
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Kolejni autorzy: | Maurin, Laurent (auth), European Investment Bank (Redaktor) |
Format: | Elektroniczne Rozdział |
Język: | angielski |
Wydane: |
European Investment Bank
2021
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Hasła przedmiotowe: | |
Dostęp online: | OAPEN Library: download the publication OAPEN Library: description of the publication |
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