private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9. We find … total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect … substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital …

the predictions of the neoclassical growth model. Endogenous growth models, which suggest a larger contribution of capital …

This paper examines the response of firms to capital destruction, using a new measure of firm exposure to tropical … storms as a negative exogenous shock on firms' capital stock. Drawing on a panel of Indian manufacturing firms between 1995 … firm (in terms of its productivity and industry performance). We quantify the response of firm sales within and across …

output and total factor productivity (TFP) in the wake of a crisis. Second, we develop a DSGE model with financial frictions … and capital-embodied technological change capable of reproducing the empirical facts. We also evaluate the role of …

A large share of cross-country differences in productivity is explained by differences in agricultural productivity …-induced crop-specific comparative advantages can explain a substantial share of the variation in yields across the world. Data … productivity differences …

, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a … large sample of countries. We find that de jure capital account openness has a robust positive effect on TFP growth. The …

We investigate the long-run relationship between the real exchange rate, traded and nontraded productivity levels, and … find that in 1991 (the last year productivity data are available) there is less overvaluation of the U.S. dollar than that …