This paper reports the results of a new test of the Leontief-Trefler hypothsis that factor-augmenting international productivity differences explain most of the cross-country variation in factor prices.

We consider an economy where property rights are necessary to ensure sufficient rewards to ex ante investments. Because enforcement of property rights influence the ex post distribution of rents, there is room for corruption. We characterize the optimal organization of the society and optimal...

While Germany has a very open, export-oriented manufacturing sector, to date there has been little or no research on the role of exporting in German firm performance. This paper documents the significant differences between exporters and non-exporters and attemps to identify the sources of these...