persistence of productivity growth differentials between nations despite a common technology, constant returns to scale and … specification. The source of productivity (growth) differentials in our model is the existence of a non-traded capital good ('human … consider the influence on productivity growth differentials of private thrift, public debt, the taxation of capital and savings …

This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on … of real investment. The paper examines separately situations in which productivity growth is driven by learning …

We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and … US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …

We study the impact of firm level choices of ICT, R&D, exporting and importing on the evolution of productivity and its … "techies". We develop a methodology for estimating firm level productivity that allows us to measure both Hicks-neutral and … from 2009 to 2013. We find that techies and importing of intermediate inputs raise skill-biased productivity, while imports …

This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the … impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in …-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics. Moreover …

This paper studies the effects of trade liberalization on the evolution of firm productivity. The productivity of each … nominal tariffs on firms' productivity levels is identified. After controlling for the endogeneity of nominal tariffs, the … estimated coefficient for tariffs in the productivity equation turns out to be negative. Second, a measure of tariffs on inputs …

productivity, using the annual plant-level panel data on Korean manufacturing sector during the period of 1990 to 1998. The two key … questions examined are whether exporting improves productivity (learning) and/or whether more productive plants export (self …-sectional correlation between exporting and total factor productivity is accounted for by both selection and learning effects. These results …