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How does a country's productivity growth a¤ect worldwide real incomes through international trade? In this paper, we … take this classic question to the data by measuring the spillover e¤ects of China's productivity growth. Our framework … the spillover e¤ects of China's productivity growth are small causing the real incomes of China's trading partners to …
Persistent link: https://www.econbiz.de/10012461879
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million firms over 1996-2007 across twelve European countries. We correct for endogeneity using the removal of product-specific quotas following China's entry into the World Trade...
Persistent link: https://www.econbiz.de/10012461940
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10012463056
The effects of geography and productivity on the global pattern of production are captured here in a specific factors … gravity model. Simple enough for sharp results, the model is yet rich enough to contain the high dimensional productivity … productivity frictions inferred from gravity. Sellers' and buyers' incidence both reduce real income. Sellers' incidence shocks …
Persistent link: https://www.econbiz.de/10012464007
unanticipated and large, they are a plausible instrument for identifying the impact of exporting on firm productivity and other … that export growth leads to increases firm productivity and other firm performance measures. Consistent with "earning …-by-exporting", the productivity impact of export growth is greater when firms export to more developed countries …
Persistent link: https://www.econbiz.de/10012464017
Economists emphasize two channels through which import liberalization affects productivity, one operating between and … to 2002. First, in the long run, import liberalization lowers productivity in domestic industries through selection. This …, liberalization also generates technological learning that can on net raise domestic productivity. Third, for short time horizons of …
Persistent link: https://www.econbiz.de/10012464568
channels. First, trade raises productivity levels because producers gain access to new imported varieties. Second, increases in … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …
Persistent link: https://www.econbiz.de/10012466154
This paper analyzes the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …
Persistent link: https://www.econbiz.de/10012467520
Melitz (2003) demonstrates that greater trade openness raises industry productivity via a selection effect and via a … static and dynamic efficiency gains. That is, although freer trade improves industry productivity in a level sense, it harms … endogenises the growth rate of industry productivity and we show that liberalisation slows growth …
Persistent link: https://www.econbiz.de/10012467972
and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks …
Persistent link: https://www.econbiz.de/10012468124