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decades. The data suggests that producing this increased variety of vehicles is associated with a productivity penalty. We … productivity, but they reduce the cost of producing greater variety. The results are robust to controlling for the endogeneity of …
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that this quantitative approach typically abstracts from: trade-induced changes in domestic productivity. Using a model of … sequential production, in which trade induces a reorganization of production that raises domestic productivity, we show that the …
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likely to adopt technologies and increase productivity …
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