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wages, particularly for unskilled workers. Further reductions in non-tariff barriers produce a less well-determined effect …. Intra-industry trade flows relative to sales, which are also used as a proxy for international integration, do not appear to … affect wages so markedly. …
Persistent link: https://www.econbiz.de/10005666859
knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … productivity, to a ‘Marxian’ zone where they paradoxically decline with productivity. This is because as consumption of a given … creativity is more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from …
Persistent link: https://www.econbiz.de/10005124380
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …
Persistent link: https://www.econbiz.de/10005666892
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …
Persistent link: https://www.econbiz.de/10008468645
country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading …
Persistent link: https://www.econbiz.de/10005123493
characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …
Persistent link: https://www.econbiz.de/10005124193
productivity. We do so by developing a quantitative model with heterogeneous firms and international trade where firms can invest … cover the fixed costs of sourcing foreign inputs, which in turn also has a benign impact on measured productivity. Using …&D investment play a key role in explaining firm-level productivity growth. Moreover, the estimated returns to R&D are significantly …
Persistent link: https://www.econbiz.de/10011084440
knowledge' from its cumulative R&D activities, a developing country can boost its productivity by importing a larger variety of …
Persistent link: https://www.econbiz.de/10005667027
patenting. Furthermore, it explains why R&D as a fraction of revenues is strongly related to firm productivity yet largely …
Persistent link: https://www.econbiz.de/10005788918