How firms in the developing world adapt to changes in weather extremes will play a key role in determining their nation’s economic growth. This survey of the recent microeconomics adaptation literature...
This paper uses the construction of India's Golden Quadrilateral (GQ) highway to explore the impact of an exogenous increase in market access and competition across the firm life cycle and generates four...
Using three rounds of the World Bank's Business Pulse Surveys in South Asia, this paper quantifies the relationship between informality and firms' investment and employment decisions. Accounting for multidimensionality...
Using three rounds of data from the Business Pulse Survey in South Asia, this paper studies the differential effects of the COVID-19 shock on informal firms. It also captures heterogeneity within informal...
Most crises have a disproportionately larger negative effect on micro-sized firms. Yet, the heterogeneity of impact within micro-sized firms is lesser known. Using five waves of the World Bank's Business...
This paper analyzes the impact of changes in energy prices on the competitiveness of manufacturing firms in Chile. Using the Chilean Annual National Industrial Survey data, the paper illustrates that...
A 2021-22 survey of trade promotion organizations conducted by the World Bank to understand how the COVID-19 pandemic affected their functioning suggests four main findings. First, trade promotion organizations...
The spatial distribution of economic activity is known to depend on trade costs, both international and domestic. This paper examines the interplay between these external and internal trade costs using...
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves...
Recent literature suggests that the positive impact of population density on wages, the canonical measure of agglomeration effects, is multiples higher in developing countries than in advanced economies...
This report focuses on the impact of Coronavirus (COVID-19) on firms in South Asia. Six countries in South Asia were covered over two rounds. It covers six stylized facts on business recovery during COVID-19...
The district of Cox’s Bazar, in southeastern Bangladesh, is an instructive context to understand how long-standing and newer growth opportunities and constraints manifest at the local level, remote from...
Productivity accounts for half of the differences in gross domestic product per capita across countries. Identifying policies that stimulate productivity is thus critical to alleviating poverty and fulfilling...
Productivity accounts for half of the differences in gross domestic product per capita across countries. Identifying policies that stimulate productivity is thus critical to alleviating poverty and fulfilling...
This report explores the key characteristics of High-Growth Firms (HGFs), focusing particularly on those aspects that have been or can be used as filters for policy action. The report then discusses a...
Building on prior work that documented the impact of COVID-19 on firms in developing countries using the first wave of Business Pulse Surveys, this paper presents a new set of stylized facts on firm recovery...
Recent empirical work suggests that there are large agglomeration gains from working and living in developing country cities. These estimates find that doubling city size is associated with an increase...
Manufacturers in India are increasingly selling services—a phenomenon referred to as servitization. Both the proportion of manufacturers selling services and the share of services in total revenue of manufacturers...
This paper examines whether a country’s participation in global value chains supports spatial convergence in the domestic economy. In theory, production disintegration through “unbundling” makes industrial...
To assess the impact of COVID-19 on firms, the World Bank and the International Finance Corporation conducted Business Pulse Surveys in several countries, including six in the South Asia region. Analysis...