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productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable …
Persistent link: https://www.econbiz.de/10013039758
. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral … different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …
Persistent link: https://www.econbiz.de/10013218970
In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies....
Persistent link: https://www.econbiz.de/10013115686
We examine productivity growth since World War II in the five leading research economies: West Germany, France, the … productivity, research, and patenting, we simulate the growth of the five countries, given initial productivity levels in 1950 and … the magnitude of the slowdown in German, French, and Japanese productivity growth and the relative constancy of U.K. and U …
Persistent link: https://www.econbiz.de/10013237260
leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity … completely consistent with micro-economic studies, implying the absence of externalities in aggregate production …
Persistent link: https://www.econbiz.de/10013240307
revolution began, however, several decades passed before measured productivity growth increased. This delay is paradoxical from …
Persistent link: https://www.econbiz.de/10013212571
This paper compares the impact of new IT-enhanced technology on the efficiency of production in the U.S. and the U.K. for one manufacturing industry, valve manufacturing. There is a long-standing question of whether technological change and organizational changes have the same rates of adoption...
Persistent link: https://www.econbiz.de/10012750297
adopted – take time to be reflected in aggregate productivity statistics. Before mechanization, cotton spinning was performed … plant productivity distribution of new technology adopters in mechanized cotton spinning. We find that this distribution was … initially highly dispersed. Over the subsequent decades, mechanized spinning experienced dramatic productivity growth that was …
Persistent link: https://www.econbiz.de/10013299493
The "market for innovation" -- the sale and licensing of patents -- is an often discussed source of incentives to invest in R&D. This article presents and estimates a model of the transfer and renewal of patents that, under some assumptions, allows us to quantify the gains resulting from the...
Persistent link: https://www.econbiz.de/10013067505
We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country. We characterize the growth rate using a summary statistic of the profit distribution—the mean-min ratio. Opening to trade...
Persistent link: https://www.econbiz.de/10013029555