Access to Finance, Product Innovation and Middle-Income Traps

This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance...

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Bibliographic Details
Main Authors: Agénor, Pierre-Richard, Canuto, Otaviano
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2014/02/18900889/access-finance-product-innovation-middle-income-traps
http://hdl.handle.net/10986/17307

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