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Accounting for China's growth
Brandt, Loren; Zhu, Xiaodong - 2010
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
Persistent link: https://www.econbiz.de/10010269571
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Productivity, welfare and reallocation: theory and firm-level evidence
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
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Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition
Brown, J. David; Earle, John S. - 2004
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809
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Cross-country differences in productivity: the role of allocation and selection
Bartelsman, Eric J.; Haltiwanger, John; Scarpetta, Stefano - 2009
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10010271801
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Occupational choice, aggregate productivity, and trade
Meckl, Jürgen; Weigert, Benjamin - 2011
understand the link between institutions and an economy's productivity distribution. …
Persistent link: https://www.econbiz.de/10010278813
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Unions, Increasing Returns and Endogenous Fluctuations
Modesto, Leonor; Lloyd-Braga, Teresa; Coimbra, Rui - 2000
We analyse the implications of unions (efficient bargaining) for multiplicity of stationary states and welfare, local indeterminacy, bifurcations and endogenous fluctuations (deterministic and stochastic). We use an overlapping generations model with external increasing returns to scale, where...
Persistent link: https://www.econbiz.de/10010262436
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Market distortions and local indeterminacy: A general approach
Lloyd-Braga, Teresa; Modesto, Leonor; Seegmuller, Thomas - 2011
We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...
Persistent link: https://www.econbiz.de/10010278392
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Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Görg, Holger; Greenaway, David - 2003
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
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Financial constraints and innovation: why poor countries don't catch up
Gorodnichenko, Yuriy; Schnitzer, Monika - 2010
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
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Intra-industry adjustment to import competition: theory and application to the German clothing industry
Raff, Horst; Wagner, Joachim - 2009
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10010271260