The effects of geography and productivity on the global pattern of production are captured here in a specific factors … gravity model. Simple enough for sharp results, the model is yet rich enough to contain the high dimensional productivity … productivity frictions inferred from gravity. Sellers' and buyers' incidence both reduce real income. Sellers' incidence shocks …

amplifies the risk from idiosyncratic relative productivity shocks but reduces risk from aggregate shocks to absolute advantage …

unanticipated and large, they are a plausible instrument for identifying the impact of exporting on firm productivity and other … that export growth leads to increases firm productivity and other firm performance measures. Consistent with quot …;earning-by-exportingquot;, the productivity impact of export growth is greater when firms export to more developed countries …

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. We provide a comprehensive analysis of the … relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that includes various …

manufacturing industries. The estimated elasticities of productivity with respect to Ramp;D capital are significant and plausible …

success from firm surveys along with the usual Ramp;D expenditures and productivity measures. We then apply the model to data … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …

productivity shocks raise income dispersion, lower the price elasticity of demand, and increase imperfectly competitive firms …

euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity …