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Working Paper
Comparing estimated and self-reported mark-ups for formal and informal firms in an emerging market contextUsing a 10-year panel survey covering Vietnamese manufacturing firms, we consistently obtain firm-specific mark-up estimates and relate these to firm-level formality. The average firm-specific mark-up using a trans-log revenue production function...
Working Paper
Informal institutions, transaction risk, and firm productivity in MyanmarIn many low-income transition countries, where formal institutions such as courts do not function effectively, informal institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of...
Journal Article
Informal institutions, transaction risk, and firm productivity in MyanmarIn many low-income transition countries, where formal institutions such as courts do not function effectively, informal institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of...
Working Paper
The legacy of conflict: aggregate evidence from Sierra LeoneThis paper studies the general equilibrium impact of civil war in Sierra Leone. I first use an instrumental variable (IV) strategy and geographic conflict variation to estimate reduced-form effects. I show that civil war leads to affected areas...
Working Paper
Formalization and productivityUsing a firm-level panel dataset on private small- and medium-sized enterprises (SMEs) in Viet Nam’s manufacturing sector, this paper examines productivity dynamics of formal and informal firms. We decompose productivity changes into changes within...
Working Paper
Trade, technology, and absorptive capacityTrade-linked technological change has potential to increase incomes in low-income countries (LICs). The most labour-intensive segments of the textiles and apparel global value chain are in LICs. However, gaps between available technologies and best...
Working Paper
Agglomeration and productivity in South AfricaUsing comprehensive, anonymized tax administrative data for the 2008–14 period, we examine firm-level productivity in South Africa. Measures of firm-level productivity are included in a spatial autoregressive model that assesses spillovers from total...
Research Brief
Spatial dynamics of firm productivity in South AfricaThe design and implementation of industrial policy should be closely linked to spatial considerations. Firm output and productivity are often location-specific, with factors such as the availability of physical infrastructure, proximity to sources...
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