Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Business and Economics > Production and Operations Management

You are looking at 1 - 6 of 6 items for :

  • Type: Journal Issue x
  • Bureaucracy; Administrative Processes in Public Organizations; Corruption x
Clear All Modify Search
Cover IMF Staff Country Reports
Niger: Selected Issues
International Monetary Fund. African Dept.
2024 Selected Issues
Keywords:
B. revenue potential; output gap estimate; governance weakness; output gap estimation; tax revenue potential; Potential output; Output gap; Sub-Saharan Africa; North Africa; Global; West Africa
Cover IMF Working Papers
Assessing the Macroeconomic Impact of Structural Reforms in Ukraine
Mr. Anil Ari
and
Gabor Pula
Ukraine’s economic performance has been anemic since the early 1990s. A major impediment to productivity growth has been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of institutional weakness in Ukraine and quantify the long-term growth impact of catching-up to Poland in terms of the quality of major economic institutions and market development. Our analysis identifies the legal system as the area where the institutional quality is weakest compared to Poland, followed distantly by market competition, openness to trade and financial depth. Using a methodology that accounts for positive spillovers between the structural reform areas, we estimate that even under the most optimistic scenario, where institutional gaps are fully addressed, Ukraine would need 15 years to catch up to Poland’s current income level.
Keywords:
growth impact; reform gap; reform scenario; scenario Ukraine; indicator value; Structural reforms; Total factor productivity; Commodity markets; International reserves; Corruption; Eastern Europe
Cover IMF Staff Country Reports
Bulgaria: Selected Issues
International Monetary Fund. European Dept.
This Selected Issues paper examines corporate productivity growth in Bulgaria using firm-level data. Firms with a higher share of innovative assets and lower financial distress are estimated to have higher productivity growth. Foreign, larger, and younger firms and firms in the tradable sectors also generally had faster productivity growth. The convergence of productivity to frontier firms may have slowed after the global financial crisis for existing firms. The evidence points to technological convergence for both total factor productivity and labor productivity to industry leaders. The result is robust with the coefficient statistically significant at the 1 percent level in all specifications. Policies that support R&D and innovation, improve business environment, and reduce debt service burden could potentially help raise productivity growth. Bulgaria’s R&D spending lags behind other EU countries and there is ample room for improvement. A better business environment supported by stronger institutions could help improve company’s profitability and financial health, raise investment, and attract more foreign direct investment, all conducive to raising productivity growth.
Keywords:
ISCR; CR; firm; productivity growth; frontier firm; firm age; judicial system; micro firm; leveraged firm; firms' productivity; firm size; CFT regime; Productivity; Anti-money laundering and combating the financing of terrorism (AML/CFT); Corruption; Labor productivity; Total factor productivity; Europe; Global; labor productivity Growth; indicators in Bulgaria; Bulgaria's GOVERNANCE; publication service; sources of Governance indicator
Cover Brazil
Brazil
Boom, Bust, and the Road to Recovery
Mr. Antonio Spilimbergo
and
Mr. Krishna Srinivasan

Abstract

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Keywords:
BOOK; Brazil; government; trade liberalization; wage bill; commodity exporter; monetary policy; political system; Corruption; Income inequality; Productivity; Personal income; Global; South America; Central America; Caribbean; Middle East; inflation expectation; anti-corruption authority ANAC; reform priority; Inflation; North Africa
Cover IMF Working Papers
Resource Misallocation and Productivity: Evidence from Mexico
Florian Misch
and
Christian Saborowski
This paper explores the role for specific structural distortions in explaining Mexico’s weak productivity growth through the resource misallocation channel. The paper makes two contributions. First, we validate the approach of measuring misallocation indirectly (Hsieh and Klenow, 2009) by illustrating a close correlation between misallocation and per capita incomes across Mexican states. Second, we exploit the large variation in resource misallocation within industries and across states together with unusually rich data at the firm, local, and industry level to shed light on its determinants. We identify several well-defined distortions that have a statistically and economically meaningful effect on productivity via resource misallocation.
Keywords:
WP; resource misallocation; market concentration; dependent variable; TFP gain; Productivity; Distortions Author’s; output wedge; wage bill; industry-state pair; Total factor productivity; Corruption; Global
Cover IMF Working Papers
What Causes Firms to Hide Output? the Determinants of Informality
Ms. Gabriela Inchauste
,
Mr. Mark Gradstein
, and
Ms. Era Dabla-Norris
In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality of the legal system. We revisit this issue by using an integrated dataset which contains rich information on all these aspects. Testing the channels affecting the degree of informality, we find evidence that all previously identified factors indeed play a role in driving informality. In particular, and consistent with the suggested theoretical model, we find support for the significance of the quality of the legal system.
Keywords:
WP; firm; firm age