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Using a matched employer-employee data set of manufacturing plants in three sub-Saharan countries, I compare the marginal productivity of different categories of workers with the wages they earn. A methodological contribution is to estimate the firm level production function jointly with the...
Persistent link: https://www.econbiz.de/10012465344
This study focuses on the role of trade and trade policy in achieving sustained long-term growth in Africa. One major conclusion is that trade policy in Sub-Saharan Africa works much the same way that it does elsewhere. High levels of trade restrictions have been an important obstacle to exports...
Persistent link: https://www.econbiz.de/10012472246
, I compare China's export bundle to those of the relatively skill- and capital-abundant members of the OECD as well as to …
Persistent link: https://www.econbiz.de/10012466496
The paper presents a dynamic portfolio model under currency inconvertibility which rationalizes the recent Egyptian experience of real exchange rate appreciation and currency diversification following the increase in oil exports and the partial financial liberalization that took place after...
Persistent link: https://www.econbiz.de/10012478337
that changes in various extensive margins (new markets, new goods) account for over 30 percent of export growth over this …-level characteristics interacting with destination-specific characteristics. We confirm that export growth for "new" products was stronger …
Persistent link: https://www.econbiz.de/10012455200
frontier and that the frontier will move out faster. In particular, plants that export will achieve a higher productivity level …. However intuitive the argument, empirical evidence is meager. This hypothesis is examined by calculating the effect of export … increase their productivity advantage after entry into the export market. While the first finding can be explained by selection …
Persistent link: https://www.econbiz.de/10012468678
I generate new data on HIV incidence and prevalence in Africa based on inference from mortality rates. I use these data to relate economic activity (specifically, exports) to new HIV infections in Africa and argue there is a significant and large positive relationship between the two: a doubling...
Persistent link: https://www.econbiz.de/10012465029
Persistent link: https://www.econbiz.de/10000334584
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012466154
We propose a short-run model of the extensive margin of trade and deploy it to distinguish and quantify domestic and cross-border margins. Our empirical focus is on the domestic extensive margin of trade (domestic distribution of a product) and its importance for quantifying policy and...
Persistent link: https://www.econbiz.de/10012482495