Showing 71 - 80 of 321
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America … catching up? Productivity growth certainly made their industries more competitive in home and foreign markets, but other forces …
Persistent link: https://www.econbiz.de/10008915805
total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …
Persistent link: https://www.econbiz.de/10009150947
A Real Business Cycle model of the UK is developed to account for the behaviour of UK nonstationary macro data. The model is tested by the method of indirect inference, bootstrapping the errors to generate 95% confidence limits for a VECM representation of the data; we find the model can explain...
Persistent link: https://www.econbiz.de/10008784696
productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more … intensive. As a result, our model can produce sorting to the large regions from both ends of the productivity distribution …. Firms with high capital intensity and high productivity as well as firms with very low productivity and low capital …
Persistent link: https://www.econbiz.de/10008784724
technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that …
Persistent link: https://www.econbiz.de/10008784754
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering … from a large internal inconsistency: they rely on an exogenous evolving productivity process. I show how recent proxy … estimators can accommodate endogenous productivity processes such as learning by exporting. I rely on my framework to discuss the …
Persistent link: https://www.econbiz.de/10008784762
Productivity is high in cities partly because the urban environment acts as a self-selection mechanism. If workers have … ability workers. As a consequence productivity in these cities is high for workers of all ability types. …
Persistent link: https://www.econbiz.de/10008682886
This paper examines the role of competition in productivity perfromance in Britain over the period from the late … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in … ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from …
Persistent link: https://www.econbiz.de/10009024927
multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country …
Persistent link: https://www.econbiz.de/10011145398
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …
Persistent link: https://www.econbiz.de/10011171780