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Microeconomic Adjus...
Microeconomic Adjustment During Structural Reforms: The Nicaraguan Manufacturing Sector 1991-1995
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Isgut, Alberto (författare)
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Tello, Mario (författare)
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- Veiderpass, Ann, 1953 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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(creator_code:org_t)
- Göteborg, 1998
- Engelska.
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Serie: Working Papers in Economics (online), 1403-2465 ; 1998:12
- Relaterad länk:
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https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- The main rationale for the implementation of structural reforms favoring free markets is that they, through increased competition, are likely to create incentives to improve the way firms operate i.e. firm efficiency. In this study we measure and analyze total factor productivity and technical efficiency in a large sample of Nicaraguan manufacturing firms. Our analysis indicates that whereas structural reforms may be necessary conditions for the development of developing economies, their expected positive effects on sources of growth such as total factor productivity and technical efficiency could be so slow that it may be necessary to develop sufficient conditions or policy instruments for spurring economic growth in the short run.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Central America; Nicaragua; Productivity; Efficiency; Manufactures; Exports
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)