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SME Policy and Firms’ Productivity in Latin America

Author

Listed:
  • Ibarrarán, Pablo

    (Inter-American Development Bank)

  • Maffioli, Alessandro

    (Inter-American Development Bank)

  • Stucchi, Rodolfo

    (Inter-American Development Bank)

Abstract

Very little is known about the effectiveness of SME policies, and a careful look at the structure, mechanisms and incentives provided by these policies suggest caution in their implementation and, most importantly, the need to carefully and closely monitor their results. This paper relies on the microeconometric analysis of a homogeneous dataset of sixteen Latin American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms and to simulate of the impact on productivity of various policy scenarios.

Suggested Citation

  • Ibarrarán, Pablo & Maffioli, Alessandro & Stucchi, Rodolfo, 2009. "SME Policy and Firms’ Productivity in Latin America," IZA Discussion Papers 4486, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp4486
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    References listed on IDEAS

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    Cited by:

    1. repec:idb:brikps:7203 is not listed on IDEAS
    2. Almeida, Rita K. & Aterido, Reyes, 2010. "The Investment in Job Training: Why Are SMEs Lagging So Much Behind?," IZA Discussion Papers 4981, Institute of Labor Economics (IZA).
    3. Fatma Bouattour, 2015. "Financial constraints and export performance: Evidence from Brazilian micro-data," Post-Print hal-01267726, HAL.
    4. repec:dau:papers:123456789/15256 is not listed on IDEAS
    5. Schwalje, Wes, 2011. "The Prevalence and Impact of Skills Gaps on Latin America and the Caribbean," MPRA Paper 30247, University Library of Munich, Germany.
    6. Verónica Alaimo & Mariano Bosch & David S. Kaplan & Carmen Pagés & Laura Ripani, 2015. "Jobs for Growth," IDB Publications (Books), Inter-American Development Bank, number 90977, February.
    7. Rita Almeida & Reyes Aterido, 2015. "Investing in formal on-the-job training: are SMEs lagging much behind?," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-23, December.
    8. Claudio Candia & Medardo Aguirre & Natalia Correa & María J. Herrera, 2016. "La productividad total de factores en el sector manufacturero chileno," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 18(35), pages 229-255, July-Dece.
    9. Álvarez, Roberto & Bertin, Mauricio Jara, 2016. "Banking competition and firm-level financial constraints in Latin America," Emerging Markets Review, Elsevier, vol. 28(C), pages 89-104.

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    More about this item

    Keywords

    SMEs; SME policy; productivity; Latin America;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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