O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:36:28+00:00Financial Development Beyond the Formal Financial Market
https://www.bankofcanada.ca/2018/09/staff-working-paper-2018-49/
This paper studies the effects of financial development, taking into account both formal and informal financing. Using cross-country firm-level data, we document that informal financing is utilized more by rich countries than poor countries.2018-09-20T16:53:20+00:00enFinancial Development Beyond the Formal Financial Market2018-09-20Financial marketsFirm dynamicsProductivityStaff Working Paper 2018-49https://www.bankofcanada.ca/wp-content/uploads/2018/09/swp2018-49.pdfFinancial Development Beyond the Formal Financial MarketLin ShaoSeptember 2018EE4E44OO1O17O4O47Firm Dynamics and Multifactor Productivity: An Empirical Exploration
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-15/
There are indications that business dynamism has declined in advanced economies. In particular, firm entry and exit rates have fallen, suggesting that the creative destruction process has lost some of its vitality. Meanwhile, productivity growth has slowed. Some believe that lower entry and exit rates partly explain the weaker productivity growth.2018-03-27T10:17:10+00:00enFirm Dynamics and Multifactor Productivity: An Empirical Exploration2018-03-27Firm dynamicsProductivityStaff Working Paper 2018-15https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-15.pdfFirm Dynamics and Multifactor Productivity: An Empirical ExplorationPierre St-AmantDavid TessierMarch 2018DD2D24MM1M13OO4O47