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-distributed firm productivity and fixed costs of exporting, predicts that, conditional on the fixed costs of exporting, all variation … lognormal distribution of firm productivity allows the Melitz model to successfully match the role of the intensive margin … methods and the EDD, a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and …
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What is the pathway to development in a world with less international integration? This paper answers this question within a model that emphasizes the role of demand-side constraints on national development, which is identified with sustained poverty reduction. In this framework, development is...
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This paper investigates cross-sectoral productivity differentials in South African industry and their distributional … consequences. The analysis shows that typically, traded sectors have experienced low productivity growth over the past decade …, while skill intensive service sectors have had significant productivity growth. This is the inverse of the traditional …
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