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This paper analyses the effects of the 1990 Brazilian trade liberalization on the total factor productivity, market … 1986/94 indicates very large total factor productivity gains in the period to 1994, which were accompanied by large falls …
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We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff liberalization between the European Union and...
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We explore how the competitive pressure of imports affects productivity, at the firm level. There are two conflicting … effects of import-competition: the pro-competitive effect fosters productivity, while the direct effect hinders it. The pro … productivity gap, the firm shuts down. Here, a temporary tariff sways the firm to fight, and ensures survival, which is welfare …
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This paper studies the importance of incentives as a determinant of international trade flows. We argue that barter, countertrade and foreign direct investment can be seen as efficient institutions that mitigate contractual hazards which arise in technology trade, marketing and imperfect capital...
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