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, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …
Persistent link: https://www.econbiz.de/10012481049
of climate change on sectoral reallocation and aggregate productivity. First, I use firm-level data from a wide range of … countries to estimate the effect of temperature on productivity in manufacturing and services. Estimates suggest that extreme … heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to …
Persistent link: https://www.econbiz.de/10012481491
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 … frictions in production and distribution of a many country world. The starting point is the international incidence of …
Persistent link: https://www.econbiz.de/10012464007
We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less …
Persistent link: https://www.econbiz.de/10012467334
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10012469199
of international patents, country-level R&D productivity increases proportionally with the stock of ideas already …). Second, we find that ideas productivity in a given country is constant or declining in the worldwide stock of ideas. Ideas … production by other countries raises the bar for producing new-to-the-world technology domestically, outweighing the positive …
Persistent link: https://www.econbiz.de/10012470846
Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign … larger and explain more of the variation in productivity across countries than if true' bilateral trade patterns are employed …
Persistent link: https://www.econbiz.de/10012472749
that their functional form of how foreign R&D affects domestic productivity via imports is probably incorrect. We provide …
Persistent link: https://www.econbiz.de/10012473174
We consider a tractable model of heterogeneous production units that features endogenous entry and productivity … standard factor misallocation framework, policy distortions featuring a positive productivity elasticity of distortions imply … larger reductions in output through smaller investments in establishment productivity. A calibrated version of the model …
Persistent link: https://www.econbiz.de/10012455871
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10012458398