The business environment and Moroccan firm productivity

Augier, Patricia, Dovis, Marion and Gasiorek, Michael (2012) The business environment and Moroccan firm productivity. Economics of Transition, 20 (2). pp. 369-399. ISSN 0967-0750

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Abstract

The paper focuses on the role of the business environment in understanding differences in the total factor productivity of Moroccan firms. The business environment is captured by measures which include the investment climate in which firms operate, i.e. access to credit, regulatory and institutional environment and infrastructure. The evidence on the relationship between credit and productivity is strongly indicative of credit resources misallocation in Morocco. We also find that, heavier bureaucracy and differences in regulations appear to have a negative effect on firm productivity. This last result is particularly relevant for small firms, and/or those that do not export and/or those with no access to foreign capital

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Economics
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: Michael Gasiorek
Date Deposited: 23 Apr 2012 15:26
Last Modified: 31 Jan 2013 14:52
URI: http://sro.sussex.ac.uk/id/eprint/38142
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