Shepotylo, Oleksandr
Services Liberalization and Productivity of Manufacturing Firms Evidence from Ukraine / Oleksandr Shepotylo [electronic resource] : Oleksandr Shepotylo - Washington, D.C., The World Bank, 2012 - 1 online resource (42 p.) - Policy research working papers. World Bank e-Library. .
This paper brings new evidence on the impact of services liberalization on the performance of manufacturing firms. Using a unique database of Ukrainian firms in 2001-2007, the authors utilize an external push for liberalization in the services sector as a source of exogenous variation to identify the impact of services liberalization on total factor productivity (TFP) of manufacturing firms. The results indicate that a standard deviation increase in services liberalization is associated with a 9 percent increase in TFP. Allowing services liberalization to dynamically influence TFP through the investment channel leads to an even larger effect. The effect is robust to different estimation methods and to different sub-samples of the data. In particular, it is more pronounced for domestic and small firms.
10.1596/1813-9450-5944
E-Business
Economic Theory & Research
Emerging Markets
ICT Policy and Strategies
Industry
International Economics & Trade
Macroeconomics and Economic Growth
Productivity
Public Sector Corruption & Anticorruption Measures
Services liberalization
Trade
Services Liberalization and Productivity of Manufacturing Firms Evidence from Ukraine / Oleksandr Shepotylo [electronic resource] : Oleksandr Shepotylo - Washington, D.C., The World Bank, 2012 - 1 online resource (42 p.) - Policy research working papers. World Bank e-Library. .
This paper brings new evidence on the impact of services liberalization on the performance of manufacturing firms. Using a unique database of Ukrainian firms in 2001-2007, the authors utilize an external push for liberalization in the services sector as a source of exogenous variation to identify the impact of services liberalization on total factor productivity (TFP) of manufacturing firms. The results indicate that a standard deviation increase in services liberalization is associated with a 9 percent increase in TFP. Allowing services liberalization to dynamically influence TFP through the investment channel leads to an even larger effect. The effect is robust to different estimation methods and to different sub-samples of the data. In particular, it is more pronounced for domestic and small firms.
10.1596/1813-9450-5944
E-Business
Economic Theory & Research
Emerging Markets
ICT Policy and Strategies
Industry
International Economics & Trade
Macroeconomics and Economic Growth
Productivity
Public Sector Corruption & Anticorruption Measures
Services liberalization
Trade