148 research outputs found

    Productivity, firm heterogeneity, and policy reforms in Latin America

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    This thesis studies the relation between policy reform and productivity performance in Latin America usin firm-level data for the retail services sector. In the after math of the 1982 debt crisis, the role of the governmen was dramatically reduced and replaced by the competi tive forces of the free market. Unfortunately, the reform did not live up to expectations regarding growth. Lo productivity growth in post-reform Latin America ha been of profound concern to policymakers, because it de termines the ability of people to improve their standar of living. This thesis aims to add various pieces to solvin the puzzle why growth in Latin America did not acceler ate despite wide-ranging reforms. It analyzes alternativ; policy strategies to speed up growth, arguing that takin into account the diversity of firms is at the core of under standing the relation between policy and productivity.
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