TY - BOOK ID - 85600439 TI - Structural Reforms and Firms’ Productivity: Evidence from Developing Countries AU - Kouamé, Wilfried. AU - Tapsoba, Sampawende. PY - 2018 SN - 1484348389 1484348354 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Corporate Finance KW - Macroeconomics KW - Public Finance KW - Production and Operations Management KW - Firm Behavior: Empirical Analysis KW - Economic Development: Financial Markets KW - Saving and Capital Investment KW - Corporate Finance and Governance KW - Fiscal and Monetary Policy in Development KW - Development Planning and Policy: Trade Policy KW - Factor Movement KW - Foreign Exchange Policy KW - Institutions and the Macroeconomy KW - Macroeconomics: Production KW - Human Capital KW - Skills KW - Occupational Choice KW - Labor Productivity KW - Fiscal Policy KW - Financial Institutions and Services: General KW - Structural reforms KW - Productivity KW - Labor productivity KW - Fiscal policy KW - Business environment KW - Macrostructural analysis KW - Production KW - Economic sectors KW - Industrial productivity KW - Business enterprises KW - Bangladesh UR - https://www.unicat.be/uniCat?func=search&query=sysid:85600439 AB - This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector reforms have the most sizeable effects on firm-level productivity. The relationship between structural reforms and firm-level productivity is nonlinear and shaped by some firms’ characteristics such as the financial access, the distortionary environment, and the size of firms. The pace of structural reforms matters since being a “strong reformer” is associated with a clear productivity dividend for firms. Finally, except for financial and trade reforms, all structural reforms under consideration are bilaterally complementary in improving firm-level productivity. These findings are robust to several sensitivity checks. ER -