endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … “residual” productivity required to explain the observed per-capita income differences by more than one half …

We investigate how changes in firm productivity after M&As are affected by differences in profit taxation between the … M&A and thus inhibit the realization of productivity improvements. Using firm-level data on inputs and outputs of … reduces the subsequent total factor productivity gain. This effect is concentrated in horizontal M&As and less pronounced when …

quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

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 …. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …

This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …

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 …

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …

face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ …