aggregate manufacturing productivity on the order of 25% in India and Mexico relative to the U.S …

We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …

allow for investment in physical capital and aggregate fluctuations. In the aftermath of a positive productivity shock, the … common productivity component reverts to its unconditional mean, the new entrants that survive become more productive over …

could not be easily monetized for trade, reducing market exchange, limiting entry, and hindering farm restructuring … cannot explain dissimilarities in farm sizes, tenancy, and output mixes, suggesting institutional constraints. Midwest …

weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and …

, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … the boycott calls were hurting their U.S. sales. Using a dataset of sales of nearly 4,700 individual wine brands, we show … that there actually was no boycott effect. Rather, sales of French wine dipped for two reasons. First, they experience a …

The French Opposition to the war in Iraq in early 2003, prompted calls for a boycott of French wine in the US. We …

This paper investigates changes in cultural consumption patterns for a low concentration industry: wine and beer. Using … data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and consumption patterns -- although the relative consumption of wine can be explained well in 1963 by grape production …

particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications …