Institutions and firms’ technological changes and productivity growth

We investigate long-run firm-level productive growth and technological changes relate these to the formal informal institutions related factors. conclude that persistency of easing regulations through broader reforms, including privatization perception non-reversal helped firms achieve prolonged productivity gains—led by alongside a socially desirable reduction in CO2 emissions due energy saving, as well increased labour usage, despite variations quality institutions. Broadly, both matter for all irrespective levels gains. Government stability, country's investment climate, socio-economic conditions, corruption are essential determining changes. However, role law order political constraints, competitiveness system/process gains improvements varies firms’ characteristics.