innovations, and negatively correlated with inflation innovations. The disinflationary nature of news shocks is consistent with …

This paper analyzes the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …

and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks …

sectoral export variety on country productivity. The effects are estimated in a translog GDP function system based on data for … 34 countries from 1982 to 1997. Country productivity is constructed and export variety is shown to be significant …. Instruments such as tariffs, transport costs, and distance are shown to affect country productivity through export variety, and …

these effects, and the first two effects are ruled out when using a Pareto distribution for productivity with a support that … by using a bounded Pareto distribution for productivity …

likely to adopt technologies and increase productivity …

We develop a monopolistically competitive model of trade with firm heterogeneity - in terms of productivity differences … productivity of competing firms. We analyze how these features vary across markets of different size that are not perfectly … in that market. Aggregate productivity and average markups thus respond to both the size of a market and the extent of …

In this paper we explore the effect of trade policy on productivity and welfare in the now standard model of firm … first establish that welfare can be decomposed into four terms: productivity, terms of trade, variety and curvature, where … best allocation. We also show that an export subsidy generates an increase in productivity, but given the negative joint …