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productivity growth, while the older literature focused on average productivity improvements ("learning"). We use comprehensive … role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate … productivity gains during the overall 20-year period from 1985 to 2004 were driven largely by improvements in average productivity …
Persistent link: https://www.econbiz.de/10012461925
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10012463713
This paper studies the effects of trade liberalization on the evolution of firm productivity. The productivity of each … nominal tariffs on firms' productivity levels is identified. After controlling for the endogeneity of nominal tariffs, the … estimated coefficient for tariffs in the productivity equation turns out to be negative. Second, a measure of tariffs on inputs …
Persistent link: https://www.econbiz.de/10012468149
How does trade liberalization affect wages? This is the first paper to consider in theory and data how the impact of final and intermediate input tariff cuts on workers' wages varies with the global engagement of their firm. Our model predicts that a fall in output tariffs lowers wages at...
Persistent link: https://www.econbiz.de/10012464539
after the reforms, volatility in productivity and output gets translated into larger wage and employment volatility …
Persistent link: https://www.econbiz.de/10012468818
relationship is concentrated among establishments with low initial levels of labor productivity, capital intensity and skill …
Persistent link: https://www.econbiz.de/10012453642
productivity in services, especially large urban firms and in service sectors whose output is used as a manufacturing input …
Persistent link: https://www.econbiz.de/10012458742
In this paper, we analyze the transition dynamics associated with an economy's response to trade liberalization. We start by reviewing the recent literature that incorporates firm dynamics into models of international trade. We then build upon that literature to characterize the role of firm...
Persistent link: https://www.econbiz.de/10012461697
trade shifts the distribution towards higher average productivity due to entry and exit of firms. These models ignore the … assumption, produce in their 'birth nation.' We show that when firms are allowed to switch locations, new productivity effects … reinforces the big-nation productivity gain while reducing or even reversing the small-nation productivity gain. The small nation …
Persistent link: https://www.econbiz.de/10012461997
, distortions in the supply of non-traded inputs, and perverse incentives for informality creates a drag on productivity growth …
Persistent link: https://www.econbiz.de/10012462187