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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 …
Persistent link: https://www.econbiz.de/10012103617
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …
Persistent link: https://www.econbiz.de/10012009267
Persistent link: https://www.econbiz.de/10009424700
output and total factor productivity (TFP) in the wake of a crisis. Second, we develop a DSGE model with financial frictions …
Persistent link: https://www.econbiz.de/10012610732
, 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 …
Persistent link: https://www.econbiz.de/10012001500
power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012019850
-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related …
Persistent link: https://www.econbiz.de/10014400197
productivity and that they impact the degree of R&D spillovers …
Persistent link: https://www.econbiz.de/10014400689
We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated with conventional parameter values, the stochastic stationary equilibrium of the...
Persistent link: https://www.econbiz.de/10014402560
generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise … in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly … supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U …
Persistent link: https://www.econbiz.de/10014402705