-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms … of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a …

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the … Hicksian measure). The distinction between the two measures is important to the extent that trade patterns are inconsistent …

This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth. …

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …

, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most … labor and capital adjusted to capital-augmenting technological progress and a more globalized world economy. …

This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It … uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus … exports in GDP, and (ii) a cross sectional approach, where trade is defined in terms of trade policy, i.e., as actual trade …