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productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm markups during 2000- 2015. Second, the markup...
Persistent link: https://www.econbiz.de/10012019850
sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
Persistent link: https://www.econbiz.de/10014411220
Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany … an increase in unit labor costs or in its terms of trade, France adjusts relatively less via price and wage changes, and …
Persistent link: https://www.econbiz.de/10014402574
This paper provides an assessment of competitiveness and external trade performance of the French manufacturing industry during the 1980s and early 1990s. The first part of the paper reviews developments in a broad range of competitiveness indicators. The analysis indicates that the...
Persistent link: https://www.econbiz.de/10014398352
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis … productivity slowdown over the past two decades in four closely integrated European countries, Austria, Denmark, Germany and the … Netherlands, based on firm-level data. Participation in global value chains appears to have affected productivity positively …
Persistent link: https://www.econbiz.de/10012170132
to scale. Total factor productivity growth, estimated as an unobservable variable, has declined steadily since the late …
Persistent link: https://www.econbiz.de/10014403881
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during … indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on …
Persistent link: https://www.econbiz.de/10014399859
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both...
Persistent link: https://www.econbiz.de/10011978592
Persistent link: https://www.econbiz.de/10009424786