Kosovo Country Economic Memorandum, November 2021: Raising Firm Productivity
To boost economic growth and foster sustained formal job creation in Kosovo, igniting firm productivity is crucial. Based on detailed micro-data, this note examines the characteristics and recent evolution of firms in Kosovo, with particular attention to firm productivity. For the last decade, the l...
Gespeichert in:
| Körperschaft: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2021
|
| Schriftenreihe: | Country Economic Memorandum
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | To boost economic growth and foster sustained formal job creation in Kosovo, igniting firm productivity is crucial. Based on detailed micro-data, this note examines the characteristics and recent evolution of firms in Kosovo, with particular attention to firm productivity. For the last decade, the landscape of firms in Kosovo has been dominated by microenterprises with low productivity, employment, and survival rates. Firm creation and growth,small firm density, average size, and the likelihood of survival are all low, which implies that there are severe constraints on private sector development. Kosovo's firms are only tenuously linked to global markets and the country is lagging in the share of female-run companies. Positive and rising net job creation in 2015-18 was driven by higher formalization of jobs and the increasing size of incumbent firms, especially young small and medium enterprises (SMEs). Kosovo needs a multidimensional policy strategy to foster growth in firm productivity. Based on the study findings and the results of other notes prepared for Kosovo's country economic memorandum (CEM), this note presents a policy strategy that targets the three main sources of firm productivity growth: (1) firm productivity (the within component); (2) market reallocation (the between component); and (3) firm dynamics (entry and exit). Section one examines the characteristics and recent dynamics of Kosovar firms. Section two analyzes the drivers and evolution of productivity, with emphasis on the links between productivity and access to credit. It also assesses the main barriers to productivity growth. Section three sheds light on how Coronavirus disease 2019 (COVID-19) has affected Kosovar firms. Section four concludes by discussing tentative policy implications of the analysis |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/36897 |
Internformat
MARC
| LEADER | 00000nmm a22000001c 4500 | ||
|---|---|---|---|
| 001 | BV049080715 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 230731s2021 xxu|||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/36897 |2 doi | |
| 035 | |a (ZDB-1-WBA)076962210 | ||
| 035 | |a (OCoLC)1392134461 | ||
| 035 | |a (DE-599)KEP076962210 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 110 | 2 | |a World Bank Group |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Kosovo Country Economic Memorandum, November 2021 |b Raising Firm Productivity |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2021 | |
| 300 | |a 1 Online-Ressource | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Country Economic Memorandum | |
| 520 | 3 | |a To boost economic growth and foster sustained formal job creation in Kosovo, igniting firm productivity is crucial. Based on detailed micro-data, this note examines the characteristics and recent evolution of firms in Kosovo, with particular attention to firm productivity. For the last decade, the landscape of firms in Kosovo has been dominated by microenterprises with low productivity, employment, and survival rates. Firm creation and growth,small firm density, average size, and the likelihood of survival are all low, which implies that there are severe constraints on private sector development. Kosovo's firms are only tenuously linked to global markets and the country is lagging in the share of female-run companies. Positive and rising net job creation in 2015-18 was driven by higher formalization of jobs and the increasing size of incumbent firms, especially young small and medium enterprises (SMEs). Kosovo needs a multidimensional policy strategy to foster growth in firm productivity. Based on the study findings and the results of other notes prepared for Kosovo's country economic memorandum (CEM), this note presents a policy strategy that targets the three main sources of firm productivity growth: (1) firm productivity (the within component); (2) market reallocation (the between component); and (3) firm dynamics (entry and exit). Section one examines the characteristics and recent dynamics of Kosovar firms. Section two analyzes the drivers and evolution of productivity, with emphasis on the links between productivity and access to credit. It also assesses the main barriers to productivity growth. Section three sheds light on how Coronavirus disease 2019 (COVID-19) has affected Kosovar firms. Section four concludes by discussing tentative policy implications of the analysis | |
| 650 | 4 | |a Access To Finance | |
| 650 | 4 | |a Business Environment | |
| 650 | 4 | |a Enterprise Development and Reform | |
| 650 | 4 | |a Finance and Financial Sector Development | |
| 650 | 4 | |a Private Sector Development | |
| 650 | 4 | |a Private Sector Economics | |
| 856 | 4 | 0 | |u https://doi.org/10.1596/36897 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-034342606 | |
Datensatz im Suchindex
| _version_ | 1812671843151118336 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author_corporate | World Bank Group |
| author_corporate_role | aut |
| author_facet | World Bank Group |
| author_sort | World Bank Group |
| building | Verbundindex |
| bvnumber | BV049080715 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)076962210 (OCoLC)1392134461 (DE-599)KEP076962210 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/36897 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a22000001c 4500</leader><controlfield tag="001">BV049080715</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">230731s2021 xxu|||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/36897</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)076962210</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1392134461</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP076962210</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">World Bank Group</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Kosovo Country Economic Memorandum, November 2021</subfield><subfield code="b">Raising Firm Productivity</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2021</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Country Economic Memorandum</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">To boost economic growth and foster sustained formal job creation in Kosovo, igniting firm productivity is crucial. Based on detailed micro-data, this note examines the characteristics and recent evolution of firms in Kosovo, with particular attention to firm productivity. For the last decade, the landscape of firms in Kosovo has been dominated by microenterprises with low productivity, employment, and survival rates. Firm creation and growth,small firm density, average size, and the likelihood of survival are all low, which implies that there are severe constraints on private sector development. Kosovo's firms are only tenuously linked to global markets and the country is lagging in the share of female-run companies. Positive and rising net job creation in 2015-18 was driven by higher formalization of jobs and the increasing size of incumbent firms, especially young small and medium enterprises (SMEs). Kosovo needs a multidimensional policy strategy to foster growth in firm productivity. Based on the study findings and the results of other notes prepared for Kosovo's country economic memorandum (CEM), this note presents a policy strategy that targets the three main sources of firm productivity growth: (1) firm productivity (the within component); (2) market reallocation (the between component); and (3) firm dynamics (entry and exit). Section one examines the characteristics and recent dynamics of Kosovar firms. Section two analyzes the drivers and evolution of productivity, with emphasis on the links between productivity and access to credit. It also assesses the main barriers to productivity growth. Section three sheds light on how Coronavirus disease 2019 (COVID-19) has affected Kosovar firms. Section four concludes by discussing tentative policy implications of the analysis</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Access To Finance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Business Environment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Enterprise Development and Reform</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Private Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Private Sector Economics</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/36897</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034342606</subfield></datafield></record></collection> |
| id | DE-604.BV049080715 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:58Z |
| indexdate | 2024-10-12T04:03:00Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034342606 |
| oclc_num | 1392134461 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource |
| psigel | ZDB-1-WBA |
| publishDate | 2021 |
| publishDateSearch | 2021 |
| publishDateSort | 2021 |
| publisher | The World Bank |
| record_format | marc |
| series2 | Country Economic Memorandum |
| spellingShingle | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity Access To Finance Business Environment Enterprise Development and Reform Finance and Financial Sector Development Private Sector Development Private Sector Economics |
| title | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_auth | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_exact_search | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_exact_search_txtP | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_full | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_fullStr | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_full_unstemmed | Kosovo Country Economic Memorandum, November 2021 Raising Firm Productivity |
| title_short | Kosovo Country Economic Memorandum, November 2021 |
| title_sort | kosovo country economic memorandum november 2021 raising firm productivity |
| title_sub | Raising Firm Productivity |
| topic | Access To Finance Business Environment Enterprise Development and Reform Finance and Financial Sector Development Private Sector Development Private Sector Economics |
| topic_facet | Access To Finance Business Environment Enterprise Development and Reform Finance and Financial Sector Development Private Sector Development Private Sector Economics |
| url | https://doi.org/10.1596/36897 |
| work_keys_str_mv | AT worldbankgroup kosovocountryeconomicmemorandumnovember2021raisingfirmproductivity |