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|z 9781451963250
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|a 1018-5941
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|c BD-DhAAL
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|a Verdier, Genevieve.
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|a Firm Productivity, innovation and Financial Development /
|c Genevieve Verdier, Erasmus Kersting, Era Dabla-Norris.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (36 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This effect is particularly important for firms in high-tech sectors, which typically have higher external financing needs.
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|a Mode of access: Internet
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|a Dabla-Norris, Era.
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|a Kersting, Erasmus.
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|a IMF Working Papers; Working Paper ;
|v No. 2010/049
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/049/001.2010.issue-049-en.xml
|z IMF e-Library
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