inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …

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 …

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 …

This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …

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 …

aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …

that this quantitative approach typically abstracts from: trade-induced changes in domestic productivity. Using a model of … sequential production, in which trade induces a reorganization of production that raises domestic productivity, we show that the …

markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …

firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …