Araştırma Makalesi

Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey

Cilt: 9 Sayı: 1 27 Ocak 2022
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Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey

Öz

State-Business relations (SBRs) are reflected in business and investment climate indicators and may take the form of formal, regular, and informal interactions. The creation of an institutional environment in which the state provides high-quality public goods, such as infrastructure, political stability, elimination of corruption, and effective public administration, is important because it can improve productivity and lead to higher rates of growth. Resource reallocation from low to high productivity firms can generate large aggregate productivity gains with further potential benefits to economic growth. This study examines the relationship between productivity and resource misallocation in a sample of countries in the Middle East and North Africa (MENA) region, and Turkey. The analysis relies on data from the World Bank Enterprise Surveys over 2008-2016 of firms in Egypt, Turkey, and Yemen. In the analysis, we control various firm characteristics. Furthermore, we explore major state-business relations (SBRs) and their association to resource misallocation. The results are mixed, wherein in Egypt and Turkey, female ownership and international quality certification are positively associated with productivity and allocation efficiency. Moreover, obstacles in SBRs present a negative and significant correlation with the firms’ performance and productivity, increasing dispersions in the resource allocation, output, and capital. We find that corruption, political instability, electricity supply, and high tax rates are the most critical obstacles in SBRs.

Anahtar Kelimeler

Destekleyen Kurum

Economics Research Forum (ERF)

Proje Numarası

Structural Change, Resource Misallocation and Growth Dynamics in the MENA Region

Teşekkür

The authors are grateful for the financial support received from the ERF. The authors would like to thank Dr. Jorge Luis Rodriguez Meza, who is Program Manager at the World Bank, and the participants in the ERF-World Bank Workshop and Training on “Structural Change, Resource Misallocation and Growth Dynamics in the MENA Region” on 28th February and 1st March 2018, for their valuable comments and feedback.

Kaynakça

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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

27 Ocak 2022

Gönderilme Tarihi

9 Kasım 2021

Kabul Tarihi

24 Aralık 2021

Yayımlandığı Sayı

Yıl 2022 Cilt: 9 Sayı: 1

Kaynak Göster

APA
Gıovanıs, E., & Özdamar, Ö. (2022). Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey. İktisat Politikası Araştırmaları Dergisi, 9(1), 1-37. https://doi.org/10.26650/JEPR1021400
AMA
1.Gıovanıs E, Özdamar Ö. Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey. JEPR. 2022;9(1):1-37. doi:10.26650/JEPR1021400
Chicago
Gıovanıs, Eleftherios, ve Öznur Özdamar. 2022. “Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey”. İktisat Politikası Araştırmaları Dergisi 9 (1): 1-37. https://doi.org/10.26650/JEPR1021400.
EndNote
Gıovanıs E, Özdamar Ö (01 Ocak 2022) Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey. İktisat Politikası Araştırmaları Dergisi 9 1 1–37.
IEEE
[1]E. Gıovanıs ve Ö. Özdamar, “Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey”, JEPR, c. 9, sy 1, ss. 1–37, Oca. 2022, doi: 10.26650/JEPR1021400.
ISNAD
Gıovanıs, Eleftherios - Özdamar, Öznur. “Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey”. İktisat Politikası Araştırmaları Dergisi 9/1 (01 Ocak 2022): 1-37. https://doi.org/10.26650/JEPR1021400.
JAMA
1.Gıovanıs E, Özdamar Ö. Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey. JEPR. 2022;9:1–37.
MLA
Gıovanıs, Eleftherios, ve Öznur Özdamar. “Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey”. İktisat Politikası Araştırmaları Dergisi, c. 9, sy 1, Ocak 2022, ss. 1-37, doi:10.26650/JEPR1021400.
Vancouver
1.Eleftherios Gıovanıs, Öznur Özdamar. Productivity and Resource Misallocation: Empirical Findings from Firms in the Middle East and North Africa (MENA) Region and Turkey. JEPR. 01 Ocak 2022;9(1):1-37. doi:10.26650/JEPR1021400