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Winners and Losers from a Commodities-for-Manufactures Trade Boom
Costa, Francisco; Garred, Jason; Pessoa, Joao Paulo - Centre for Economic Performance, LSE - 2014
A recent boom in commodities-for-manufactures trade between China and other developing countries has led to much concern about the losers from rising import competition in manufacturing, but little attention on the winners from growing Chinese demand for commodities. Using census data for...
Persistent link: https://www.econbiz.de/10010775659
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Productivity Growth and Employment: Theory and Panel Estimates
Pissarides, Christopher A.; Vallanti, Giovanna - Centre for Economic Performance, LSE - 2004
Theoretical predictions of the effect of TFP growth on employment are ambiguous, anddepend on the extent to which new … technology is embodied in new jobs. We estimate amodel for employment, wages and investment with an annual panel for the United … States,Japan and Europe and find that TFP growth increases employment. For the United StatesTFP growth explains the trend …
Persistent link: https://www.econbiz.de/10005017004