Global value chains have fundamentally transformed international trade and development in recent decades. We use … firms position themselves in global production lines and how this evolves with productivity and performance over the firm …

increase productivity and the employment share of high-skill professions, but have a weak effect on total sales. The latter … result suggests that productivity gains from automation may not be entirely passed on to consumers in the form of lower …

We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R … spatial regressive error process. We find that knowledge spillovers occur both horizontally and vertically, whereas remainder …

infrastructure on economic performance in terms of gains in profits, cost savings, as well as in terms of productivity growth … productivity growth reveals that the economic performance could be enhanced by investing in infrastructure capital …

), 552-80, to derive a new prediction regarding how the productivity of a firm affects its choice between vertical … robust firm-level evidence from Spain showing that, in line with our prediction, the effect of productivity works more …

the 1980s. C-corporate form is subject to a time varying tax wedge, which offsets the productivity benefits. In a … (productivity), the share of total output generated by C-corporations, and the sensitivity of this share to the tax wedge. This … in the tax wedge since 1968 has expanded economy-wide productivity by about 4% …

Corporate versus pass-through status trades off productivity benefits (related to perpetual identity, limited liability … productivity (TFP) and corporate shares of economic activity, implies that, for 1958-2013, the declining wedge and gap between … corporate and pass-through productivity contributed 0.37% per year out of the total TFP growth rate of 1.09% per year. From 1994 …

Did multinational production (MP) exacerbate or mitigate the collapse of international trade during the Great Recession … interactions between MP and trade. According to the model with MP, supply-side productivity shocks contributed to the collapse of … to shocks that affected aggregate productivity and were specific to multinationals in a few key headquarters countries …