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How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications

Berman, Nicolas; Martin, Philippe; Mayer, Thierry - C.E.P.R. Discussion Papers - 2009

distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high … productivity firms optimally raise their markup rather than the volume they export, low productivity firms choose the opposite … aggregate impact of exchange rate movements. The presence of fixed costs to export means that only high productivity firms can …

Persistent link: https://www.econbiz.de/10008506840

Productivity Spillovers, Terms of Trade and the 'Home Market Effect'

Corsetti, Giancarlo; Martin, Philippe; Pesenti, Paolo - C.E.P.R. Discussion Papers - 2005

This paper analyses 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/10005123889

Spatial Concentration and Firm-Level Productivity in France

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008

This paper analyzes empirically the effect of spatial agglomeration of activities on the productivity of firms using … location choice: we find very little difference between the geography that would maximize productivity gains and the geography …

Persistent link: https://www.econbiz.de/10005498038

Israel: The Start-Up Nation, and its Threat from Within

Ben-David, Dan - C.E.P.R. Discussion Papers - 2012

Three main vantage points are brought together in this paper: (1) Israel’s relatively good economic performance in recent years – at least, in comparison with other Western countries that have still not emerged from the recession; (2) motivations for the wave of social protests that erupted...

Persistent link: https://www.econbiz.de/10011084118

Convergence Clubs and Diverging Economies

Ben-David, Dan - C.E.P.R. Discussion Papers - 1994

This paper focuses on the question of income convergence among countries. While the methodology used to determine convergence differs from the common cross-sectional approach, it corroborates Baumol's finding of a convergence club among the world's wealthiest countries. It also shows that there...

Persistent link: https://www.econbiz.de/10005136469

Trade and Convergence Among Countries

Ben-David, Dan - C.E.P.R. Discussion Papers - 1995

This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected,...

Persistent link: https://www.econbiz.de/10005497780

Slowdowns and Meltdowns: Post-war Growth Evidence from 74 Countries

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1995

Many countries, both industrialized and developing, appear to have experienced a slowdown in economic growth. We examine a large sample of countries and find that a majority exhibit a significant structural break in their post-war growth rates. In nearly all of these cases the break was followed...

Persistent link: https://www.econbiz.de/10005498062

The Great Wars, the Great Crash, and the Unit Root Hypothesis: Some New Evidence About An Old Stylized Fact

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1994

For decades, the prevailing sentiment among economists was that growth rates remain constant over the long run. Kaldor considered this to be one of the six important `stylized facts' that theory should address, and until the emergence of endogenous growth models, this was a fundamental feature...

Persistent link: https://www.econbiz.de/10005114489

Free Trade and Long-Run Growth

Ben-David, Dan; Loewy, Michael B - C.E.P.R. Discussion Papers - 1995

What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...

Persistent link: https://www.econbiz.de/10005666425