Browsing by Subject "Firm dynamics"

Now showing items 1-2 of 2

    • The aggregate and complementary impact of micro distortions 
      Bergoeing Vela, Raphael; Loayza, Norman V.; Piguillem, Facundo (Universidad de Chile. Facultad de Economía y Negocios, 2011-04)
      We explore how regulatory or institutional distortions to resource reallocation limit the ability of developing countries to adopt new technologies. An efficient economy innovates quickly; but when the economy is unable ...
    • The whole is greater than the sum of its parts: complementary reforms to address microeconomic distortions 
      Bergoeing Vela, Raphael; Loayza, Norman; Piguillem, Facundo (Oxford University Press, 2016)
      This paper links microeconomic rigidities and technological adoption to propose a partial explanation for the observed differences in income per capita across countries. The paper first presents a neoclassical general ...