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channels. First, trade raises productivity levels because producers gain access to new imported varieties. Second, increases in … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …
Persistent link: https://www.econbiz.de/10012760652
predicted local trade to predicted frictionless local trade) and the Total Factor Productivity effect of changing incidence. A …
Persistent link: https://www.econbiz.de/10013069388
We study the impact of firm level choices of ICT, R&D, exporting and importing on the evolution of productivity and its … “techies”. We develop a methodology for estimating firm level productivity that allows us to measure both Hicks-neutral and … from 2009 to 2013. We find that techies and importing of intermediate inputs raise skill-biased productivity, while imports …
Persistent link: https://www.econbiz.de/10012907442
-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed …-level productivity, fixed costs and demand shifters, and use "exact hat algebra" to quantify the effects of a decline in trade costs on …
Persistent link: https://www.econbiz.de/10012908824
We use Belgian data with information on domestic firm-to-firm sales and foreign trade transactions to study how international trade affects firms' unit cost and the consumer's real wage. We show theoretically that the gains from trade depend on domestic firm-to-firm linkages. Furthermore, we...
Persistent link: https://www.econbiz.de/10012909907
countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …
Persistent link: https://www.econbiz.de/10013248239
productivity sort across city sizes and select into exporting. The model allows us to study the geographic implications of trade … raises not only the aggregate productivity of the economy but also its aggregate export intensity, by allowing more firms to …
Persistent link: https://www.econbiz.de/10014242716
Why did per capita income divergence occur so dramatically during the 19th century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th century? To answer these questions, this paper develops a...
Persistent link: https://www.econbiz.de/10012872313
A widely held view is that openness to international trade leads to higher GDP volatility, as trade increases specialization and hence exposure to sector-specific shocks. We revisit the common wisdom and argue that when country-wide shocks are important, openness to international trade can lower...
Persistent link: https://www.econbiz.de/10013016660
productivity and the other decreasing transportation costs, and in which agglomeration economies lead to persistence in urban … locations. In countries that developed early, structural transformation due to rising agricultural productivity began at a time …
Persistent link: https://www.econbiz.de/10012994896