Why Do Firms in Developing Countries Have Low Productivity

By Nicholas Bloom, Aprajit Mahajan, David J. McKenzie, J. Roberts. 2010

339 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b7527125fad88c2ccb10265afe315250eabe0b58

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In Economics and Econometrics

Citations in the corpus

Can Sustainable Investing Save the World? Reviewing the Mechanisms of Investor Impact (2020, background): “In contrast, a series of empirical studies show that small firms and young firms as well as firms operating in less mature financial markets with weak institutions are more likely to be restricted in terms of their growth by the cost of external financing (Beck et al., 2006; Beck et al., 2008; Bloom”
Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy (2020, neutral): “…COMPETITIVE SHOCKS 37 Table 6: Productivity Effect by Management Practice We regress the management score of 548 Chinese firms in a survey sample by Bloom and Reenen (2010) on ownership type dummies and firm size (employment) and in a second step extrapolate the estimated model to all Chinese…”
How can micro and small enterprises in Sub-Saharan Africa become more productive? the impacts of experimental basic managerial training (2011, background): “Moreover, like human capital, managerial capital may well be underinvested in, and many entrepreneurs may be unaware of the value of acquiring managerial capital (Bloom et al., 2010).”
Financial Literacy Around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward (2012, neutral): “Second, recent work has highlighted the importance of ―managerial skills‖ as a key component in a firm’s production function and a driver of firm growth and productivity, apart from factors such as access to physical capital and external finance (Bruhn et al., 2010; Bloom et al., 2010).”
Is Small Beautiful? Small Enterprise, Aid and Employment in Africa (2015, background): “Randomized experiments in Latin America have found that the majority of business owners— especially among small firms—have inadequate knowledge of basic management and that rudimentary management training can improve business practices (Bloom et al. 2010).”
Stimulating managerial capital in emerging markets: the impact of business training for young entrepreneurs (2013, background): “However, a number of recent papers argue that ‘managerial capital’ or business skills are another important driver of firm growth and a key determinant of productivity (for example, Bloom et al. 2010; Bruhn, Karlan, and Schoar 2010).”
A systematic literature review on SME financing: Trends and future directions (2021, background): “There is also evidence that limited access to capital constrains productivity growth in developing countries (Bloom et al., 2010; Hsieh & Klenow, 2009).”
Misallocation, Establishment Size, and Productivity (2017, neutral): “…separate sources, we have assembled data for 134 countries with comparable 1See for instance Hsieh and Klenow (2009), Bloom and Van Reenen (2010), Bloom et al. (2010), Pagés (2010), Gal (2013), Bloom et al. (2013), among others for evidence of firm-level productivity differences across…”
Innovation and firm growth: Does firm age play a role? (2016, neutral): “…of productivity, we calculate the ratio of sales per employee for each firm-year observation, which corresponds to “labour revenue productivity” (Bloom et al 2010 p619). one hand, this may confirm our theoretical framework where young firms make a larger effort in order to differentiate their…”
Rethinking Indonesia's Informal Sector (2016, background): “One reason why informal firms may suffer from relatively low levels of labor productivity is that they may not be well managed (Bloom et al., 2010).”