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The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand; How Much Can Growth Theory Explain?

Hunt, Ben - International Monetary Fund (IMF) - 2009

productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …

Persistent link: https://www.econbiz.de/10005248284

Multinational Enterprises, International Trade, and Productivity Growth; Firm-Level Evidence From the United States

Yeaple, Stephen R.; Keller, Wolfgang - International Monetary Fund (IMF) - 2003

(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …

Persistent link: https://www.econbiz.de/10005263684

Empirical Exchange Rate Models of the Nineties; Are Any Fit to Survive?

Cheung, Yin-Wong; Pascual, Antonio Garcia; Chinn, … - International Monetary Fund (IMF) - 2004

We reassess exchange rate prediction using a wider set of models that have been proposed in the last decade. The performance of these models is compared against two reference specifications-purchasing power parity and the sticky-price monetary model. The models are estimated in first-difference...

Persistent link: https://www.econbiz.de/10005263978

Net Foreign Asset Positions and Consumption Dynamics in the International Economy

International Monetary Fund (IMF); International … - 2005

We examine the effect of non-zero, long-run foreign asset positions on consumption dynamics in response to productivity … of the G-7. In the data, we find that permanent worldwide productivity shocks lead to net foreign asset and consumption …

Persistent link: https://www.econbiz.de/10005264054

Structural Transformation and the sophistication of Production

Spatafora, Nicola; Anand, Rahul; Mishra, Saurabh - International Monetary Fund (IMF) - 2012

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a...

Persistent link: https://www.econbiz.de/10009654173

Asset Prices in Affine Real Business Cycle Models

Shamloo, Maral; Malkhozov, Aytek - International Monetary Fund (IMF) - 2010

models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log …

Persistent link: https://www.econbiz.de/10008727787

Global Imbalances; The Role of Non-Tradabletotal Factor Productivity in Advanced Economies

Rebucci, Alessandro; Batini, Nicoletta; Cova, Pietro; … - International Monetary Fund (IMF) - 2009

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of …

Persistent link: https://www.econbiz.de/10005825739

Trade Patterns Among Industrial Countries; Their Relationship to Technology Differences and Capital Mobility

Saito, Mika - International Monetary Fund (IMF) - 2004

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

Persistent link: https://www.econbiz.de/10005825862

Do Technology Shocks Lead to Productivity Slowdowns? Evidence From Patent Data

Christiansen, Lone Engbo - International Monetary Fund (IMF) - 2008

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

Persistent link: https://www.econbiz.de/10005768749

International R and D Spillovers and Institutions

Hoffmaister, Alexander W.; Coe, David T.; Helpman, Elhanan - International Monetary Fund (IMF) - 2008

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

Persistent link: https://www.econbiz.de/10005768791