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employment prospects in response to trade shocks. Finally, we find that firms experiencing greater import competition start with …This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global …
Persistent link: https://www.econbiz.de/10012605685
. Other contributors to productivity growth in firms are workforce aging, access to finance, and skills mismatches …Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis … that is accompanied in recent years by a withdrawal from trade integration processes. We study the determinants of …
Persistent link: https://www.econbiz.de/10012170132
industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and … find that GVC participation of downstream industries has a negative correlation with productivity. Frontier firms and large …The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also …
Persistent link: https://www.econbiz.de/10012252668
and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal …This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to …
Persistent link: https://www.econbiz.de/10011978605
prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions … and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of …
Persistent link: https://www.econbiz.de/10012021886
during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are …
Persistent link: https://www.econbiz.de/10014400547
. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 … percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this …
Persistent link: https://www.econbiz.de/10012102077
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows …-level productivity, fixed costs and demand shifters, and use 'exact hat algebra' to quantify the effects of a decline in trade costs on …. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around …
Persistent link: https://www.econbiz.de/10011978438
comparative advantage. The results show that firms are more likely to export if they belong to the comparative advantage industry …, if they enjoy a higher productivity, or if they benefit from foreign, domestic, or communication networks …
Persistent link: https://www.econbiz.de/10014400812
Persistent link: https://www.econbiz.de/10009424700