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Local Competition, Product Substitutability, and Prices: An Empirical Test

Syverson, Chad - Society for Economic Dynamics - SED - 2004

In markets where spatial competition is important, theory predicts increases in producer density (the number of producers per unit area in the local market) should lead to lower average prices. When producers are heterogeneous, this link exists for two reasons. First, the greater product...

Persistent link: https://www.econbiz.de/10005090915

Are Export Premia Robust to Innovation Statistics?

Nesta, Lionel; Guillou, Sarah; Bellone, Flora - Department of Economics, Sciences économiques - 2009

This paper analyses in what extent innovation contributes to the productivity premium of exporters. We start by … performing non parametric tests on TFP distributions on different groups of firms characterized by their export and innovation … advantage of exporters over non-exporters, is robust to the introduction of innovation statistics. We conclude that export and …

Persistent link: https://www.econbiz.de/10010756524

The Power of Print

Alexopoulos, Michelle - Society for Economic Dynamics - SED - 2006

Beginning with the seminal work by Kydland and Prescott, standard business cycle theory has credited technology shocks with being a major source of business cycle fluctuations. Unfortunately, these shocks, by their nature, are hard to identify and measure. This paper utilizes new measures of...

Persistent link: https://www.econbiz.de/10005069354

The Role of the Structural Transformation in Aggregate Productivity

Duarte, Margarida; Restuccia, Diego - Society for Economic Dynamics - SED - 2006

In this paper, we document the reallocation of employment over time between agriculture, manufacturing, and services (the process of structural transformation) and the growth rate of sectoral labor productivity across countries. We find that countries are going through a remarkably similar...

Persistent link: https://www.econbiz.de/10005051239