It takes the average reader and 47 minutes to read Corporate Indebtedness and Low Productivity Growth of Italian Firms by Gareth Anderson
Assuming a reading speed of 250 words per minute. Learn more
Productivity growth in Italy has been persistently anemic and has lagged that of the euro area over the period 1999-2015, while the indebtedness of its corporate sector has increased. Using the ORBIS firm-level database, this paper studies the long-term impact of persistent corporate-debt accumulation on the productivity growth of Italian firms and investigates whether total factor productivity growth varies with the level of corporate indebtedness. We employ a novel estimation technique proposed by Chudik, Mohaddes, Pesaran, and Raissi (2017) to account for dynamics, bi-directional feedback...
Corporate Indebtedness and Low Productivity Growth of Italian Firms by Gareth Anderson is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read Corporate Indebtedness and Low Productivity Growth of Italian Firms aloud.
Corporate Indebtedness and Low Productivity Growth of Italian Firms is suitable for students ages 8 and up.
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