Republic of Estonia: Selected Issues

March 9, 2009

Preview Citation

Format: Chicago

Republic of Estonia: Selected Issues, (USA: International Monetary Fund, 2009) accessed November 23, 2024

Summary

This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two questions: (1) is there evidence of financing constraints among Estonian firms; and (2) have financing constraints reduced firm-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit growth in Estonia has slowed down considerably and firms may face increasing financing constraints that could dampen growth. The paper also provides empirical evidence on the existence of financing constraints among Estonian firms.

Subject: Balance of payments, Current account, Current account balance, Current account deficits, Foreign exchange, Production, Productivity, Real exchange rates

Keywords: Asset, Central and Eastern Europe, CR, Current account, Current account balance, Current account deficits, Current account gap, Eastern Europe, Equilibrium current account, Financing constraint, Firm level, Foreign exchange, Global, ISCR, Observation series, Productivity, Real exchange rates

Publication Details

Pages:

34
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2009/085
Stock No:

1ESTEA2009001
ISBN:

9781451812541
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports