-liberalization quota allocation is not based on firm productivity. Removing this misallocation accounts for a substantial share of the … overall productivity gains associated with the quota removal. …

China’s policy-makers argued that WTO accession and the accompanying trade liberalization would have a beneficial … impact on the domestic economy. China’s import tariffs differed tremendously across industry in the earlier years, but … identify the impact of increased import competition on firm performance and its contribution to the significant productivity …

indirect effects of foreign direct investment on measured firm level productivity depend on a number of firm specific features … higher in the special economic zone aimed at attracting foreign capital to fasten the development of China’s own high tech …

This paper analyzes financial institutions' capital allocation decisions when their required equity capital depends on … can be delegated through an economic value added (EVA) compensation contract and solve for the optimal capital allocation …

This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …

reconcile the conflicting primal and dual estimates of productivity growth over the period. …

multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country …

panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …

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 …