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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
persistence of productivity growth differentials between nations, even though these countries show a common technology, constant … generations specification. The source of productivity (growth) differentials in our model is the existence of a non-traded capital … than leisure). We consider the influence on productivity growth differentials of private thrift, public debt, the taxation …
Persistent link: https://www.econbiz.de/10005792009
job creation in the US, is its slower productivity growth. This paper begins with data showing that US productivity growth … has been essentially zero since 1973 outside of manufacturing. In contrast, productivity growth in US manufacturing has …
Persistent link: https://www.econbiz.de/10005281397
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 …
Persistent link: https://www.econbiz.de/10011196027
due to consumption externalities. Finally, with perfectly flexible prices the ranking might increase the market power of …
Persistent link: https://www.econbiz.de/10009385758
industry magnifies the productivity advantage of multinationals by restricting backward and forward linkages to groups of firms …
Persistent link: https://www.econbiz.de/10008530362
The paper reviews and evaluates in a non-technical manner the economic and political arguments for and against the two fiscal convergence criteria written into the Treaty of Maastricht and its Protocols. In order to qualify for full membership in Economic and Monetary Union (EMU), net general...
Persistent link: https://www.econbiz.de/10005123517
We analyze a model where a multinational firm can use a superior technology in a foreign subsidiary only after training a local worker. Technological spillovers from foreign direct investment arise when this worker is later hired by a local firm. Pecuniary spillovers arise when the foreign...
Persistent link: https://www.econbiz.de/10005124087
static geographical externalities and dynamic investment decisions, and it finds that economic integration need not result in …
Persistent link: https://www.econbiz.de/10005124272
-dependent externalities to the non-consumers. Resale markets for such goods are analysed in various institutional settings with complete …
Persistent link: https://www.econbiz.de/10005124469