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answer is, in general, they do not. The gap between theory and practice is a result of the complexity of sequencing design …
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and total factor productivity growth in small and large states in the South. There are three main findings. First …, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two … their interaction on productivity growth in small states is more than three times that for large countries, with the …
Persistent link: https://www.econbiz.de/10011394122
"This paper studies how liberalization affects productivity growth using micro-level plant data. While previous studies … that, while the impact of liberalization on productivity growth is positive "on average", more advanced firms tend to … plants during the NAFTA liberalization. The results show that a 1 percent reduction in tariffs spurred productivity growth …
Persistent link: https://www.econbiz.de/10011394224
the positive effect of liberalization on productivity when they do not account for the endogeneity bias. On the theory …"There is a growing literature that investigates the effect of trade liberalization on productivity. Nearly all such … studies assume that trade policy is determined independently of productivity, hence it is exogenous. The author shows that …
Persistent link: https://www.econbiz.de/10010522136
for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth …
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"Using panel data models, the author examines the threshold effects of the productivity of infrastructure investment in … particular, the productivity of infrastructure investment generally exhibits some network effects. When the available stock of … infrastructure is very low, investment in this sector has the same productivity as noninfrastructure investment. On the contrary …
Persistent link: https://www.econbiz.de/10010522252
total factor productivity (TFP) in the South. Specifically, it examines the impact on TFP in the Republic of Korea, Mexico …-level data, they find that (1) technology diffusion and productivity gains tend to be regional: Korea benefits mainly from trade …
Persistent link: https://www.econbiz.de/10010522901
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