Showing 1 - 10 of 1,378
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
. 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 …
Persistent link: https://www.econbiz.de/10012468612
international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
Persistent link: https://www.econbiz.de/10012469059
We study how opening to trade affects economic growth in a model where heterogeneous firms can choose to adopt a new technology already in use by other firms. We characterize the growth rate using summary statistics of the profit distribution--the ratio of profits between the average and...
Persistent link: https://www.econbiz.de/10012457785
In this article we introduce an empirical framework to analyze how firm performance is affected by increased globalization. Using this framework we discuss recent work on measuring the impact of various shocks firms face in the global marketplace, such as reductions in trade costs (through...
Persistent link: https://www.econbiz.de/10012459354
I show that accounting for cross-industry variation in trade elasticities greatly magnifies the estimated gains from trade. The main idea is as simple as it is general: While imports in the average industry do not matter too much, imports in some industries are critical to the functioning of the...
Persistent link: https://www.econbiz.de/10012460547
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