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 … productivity frictions inferred from gravity. Sellers' and buyers' incidence both reduce real income. Sellers' incidence shocks …

This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge … flows to firm-level data on TFP growth. Our data measure the information flows often considered important, especially by … empirically important sources of knowledge flows? (b) to what extent do such flows contribute to TFP growth? (c) do such flows …

total factor productivity (TFP) of incumbent plants in the same county. Articles in the corporate real estate journal Site …After the new plant opening, incumbent plants in winning counties experience a sharp relative increase in TFP. Five … years after the opening, TFP of incumbent plants in winning counties is 12% higher than TFP of incumbent plants in losing …

of productivity growth, but the effect depends critically on a country's level of financial development. For countries …

prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … both Japan and the U.S., innovations in stock prices that are contemporaneously orthogonal to TFP precede most of the long … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …

Firms that export or, even more so, are part of a multinational enterprise tend to exhibit higher productivity than … organization that one of the main drivers of differences in productivity is differences in knowledge. We examine a new data set of …

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 …

measuring total factor productivity (TFP) of firms and to different empirical specifications … in a region or sector, it is their productivity advantage that determines the positive effect on domestic firms in …

considerations, whereas the second is governed by marginal profitability considerations. A positive productivity shock in the host … productivity conditions). Empirical literature on the determinants of FDI flows which uses the Tobit procedure aims at a correction …