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This paper explores the impact of immigrants on the imports, exports and productivity of service- producing firms in … productivity of the firm as well as its export behavior. The first effect can be understood as the re-assignment of offshore … productive tasks to immigrant workers. The second can be seen as a productivity or cost cutting effect due to immigration, and …
Persistent link: https://www.econbiz.de/10011567360
Western economies. Conversely, we find that exports to China have become more important, both for the EU and the United States …Some observers warn that a high level of economic dependence on China could negatively affect the economic resilience … of Western economies and therefore recommend reducing such dependence by gradually decoupling from China. On the other …
Persistent link: https://www.econbiz.de/10014548441
reallocations - induce productivity changes within the firm. We then empirically test for this connection between the demand shocks … and the productivity of multi-product firms exporting to those destinations. We find that the effect of those demand … shocks on productivity are substantial - and explain an important share of aggregate productivity fluctuations for French …
Persistent link: https://www.econbiz.de/10011569636
: aggregate exports are disproportionally driven by few multi-buyers exporters; and each multi-buyer exporter's foreign sales of …
Persistent link: https://www.econbiz.de/10011567380
productivity. We show that long-run growth estimates based on filtering U.S. productivity data comove strongly with long …-horizon survey expectations. By simulating the model in which agents filter data on U.S. productivity growth, we closely match the U …
Persistent link: https://www.econbiz.de/10008822956
Especially in developing countries credit constraints are often perceived as one of the most important market frictions constraining firm innovation and growth. Huge amounts of public money are being devoted to the removal of such constraints but their effectiveness is still subject to an...
Persistent link: https://www.econbiz.de/10010411279
Persistent link: https://www.econbiz.de/10003651581
Persistent link: https://www.econbiz.de/10003651587
"We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10003651594