Regulations and productivity: Long run effects and nonlinear influences

Papaioannou, Sotiris

doi:10.1016/j.econmod.2016.09.018

Cited by 11 publications

(2 citation statements)

References 42 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Using data from U.S. companies from 1997 to 2010, Davies (2014) confirmed that the least regulated industries had the most significant gains in productivity and efficiency. In OECD countries, Papaioannou (2017) found that in the short run, regulation has no effect on total factor productivity (TFP) but rather found significantly positive long-run effects of light regulations on TFP. Some reported cases in West Africa suggest higher productivity among informal firms (Echevin and Murtin 2009), and also that informal firms can be more productive than formal firms especially where formal firms incur additional costs through regulations (Amin et al 2019).…”

Section: 4mentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Factors and remedies for productivity and efficiency among small‐scale informal enterprises: A theoretical perspective

Takyi¹,

Okeniyi²,

Samuel

2022

Int Social Sci J

View full text Add to dashboard Cite

The growth and sustenance of firms are primarily determined by their productivity and efficiency. However, the productivity analysis has generally been skewed toward formal enterprises in the extant literature. For developing countries that characteristically have a greater share of informal employment, understanding the theoretical foundation of informal productivity and the proposed remedies could be the grounds for further research and deeper thinking for enhanced productivity. The central question of this paper is formulated on how a combined theoretical approach on the characteristics and location of firms could enhance knowledge on the hindering and promoting factors of productivity and efficiency among informal enterprises. Using the PRISMA methodology, 141 theoretical and empirical studies were reviewed, which revealed a central role of local and national governments in providing enabling infrastructure for the informal economy. It was found that factors like knowledge sharing, capitalisation, improved credit sector, geographical concentration, and decongestion of industrial clusters could promote productivity among informal producers. It, therefore, falls on various stakeholders to plan and execute policies on infrastructure, land‐use policies, tax, and credit that simultaneously lessen the inherent constraints of informality, while enhancing enablers of production.

show abstract

Section: 4mentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%