spans. Our model predicts the possibility of an inverted-U relationship between labor productivity and product span in the …-product firms may flatten the relationship between labor productivity and market shares of the large multi-product firms …

rigidities and trade impediments in shaping welfare, trade flows, productivity, price levels and unemployment rates. We show that … higher total factor productivity and a lower price level, which operates against the standard Balassa-Samuelson effect …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral … different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …

Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …

country can raise its total factor productivity by investing in R&D. But countries can also boost their productivity by …

recurrent cycles: during the first phase of each cycle output and productivity grow slowly or even decline, and it is only in … the second phase that growth starts in earnest. The historical record of productivity growth associated with …

endogenous technological progress that results from profit maximizing investments by far-sighted entrepreneurs. Productivity in …

complexity and productivity, and technological sophistication is complementary to worker ability. We study the co …