Hidden Bibliographic Details
| Other authors / contributors: | Kersting, Erasmus, author.
Verdier, Geneviève, 1973- author.
International Monetary Fund. Strategy, Policy, and Review Department, issuing body.
International Monetary Fund. African Department, issuing body.
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| ISBN: | 1283567768
9781283567763
9781452748030
1452748039
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| Notes: | "February 2010."
At head of title: Strategy, Policy and Review and African Departments.
Includes bibliographical references (pages 18-20).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2014.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2014 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | 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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| Other form: | Print version: Dabla-Norris, Era. Firm productivity, innovation and financial development. [Washington, D.C.] : International Monetary Fund, ©2010
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