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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
Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the … price by itself appears well short of what will be needed by 2030 for Canada's Paris Agreement pledge …
Persistent link: https://www.econbiz.de/10011809545
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
The waning of the commodity boom places renewed emphasis on manufacturing as an engine for Canadian growth. However, Canadian manufacturing exports have been relatively stagnant since 2000. While the exchange rate depreciation over the past two years has energized export growth, the response has...
Persistent link: https://www.econbiz.de/10011715425
Persistent link: https://www.econbiz.de/10009423208
productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement …This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and … business cycles in Canada and the United States since the early 1980s, country-specific and idiosyncratic factors remain …
Persistent link: https://www.econbiz.de/10014400637
This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …
Persistent link: https://www.econbiz.de/10014403518
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based … distort the allocation of factors across firms even within an industry, reducing its TFP. The decline in productivity growth …
Persistent link: https://www.econbiz.de/10014404315
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based …
Persistent link: https://www.econbiz.de/10014398575