, investment, capital stock and current account. The saving rate is determined according to an estimated equation which suggests … deficits depending on the degree of capital account openness. Business sector investment is derived from the capital stock … baseline scenario, but a public investment shock can be simulated in alternative scenarios. The current account balance is …

This paper examines how import penetration affects firms' productivity growth taking into account the heterogeneity in … large number of OECD countries, the analysis reveals non-linear effects of both sectoral import penetration and de jure … consistent with a neo-Schumpeterian view of trade and regulation. Close to the technology frontier, import competition has a …

This paper explores the effects of offshoring, technology and Chinese import competition on labor market polarization … we also find some tentative evidence that Chinese import competition contributed as well. In other private industries … find that Chinese import competition contributed to the decline of employment in the less polarized manufacturing …