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This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed by firms is fundamental and the extent to which the...
Persistent link: https://www.econbiz.de/10010189433
According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured;...
Persistent link: https://www.econbiz.de/10011294505
As Latin America and the Caribbeans "Great Liberalization" reaches its 30th anniversary, we revisit the trade and growth debate by updating and expanding Estevadeordal and Taylors 2013 paper. To better understand the regions heterogeneity of policies and outcomes, we extend this analysis to...
Persistent link: https://www.econbiz.de/10012153213
Persistent link: https://www.econbiz.de/10003927787
Persistent link: https://www.econbiz.de/10001429828
Do intermediate goods help explain relative and aggregate productivity differences across countries? Three observations … depresses aggregate productivity and increases the price ratio of final goods to services. Applying the model to data for middle … intermediate production efficiency of the US, the aggregate productivity gap between the lowest and highest income countries in the …
Persistent link: https://www.econbiz.de/10009379741
International trade has been stated as one of the most important mean of improving firms' productivity, being the … contribute to local firm's productivity performance by incorporating better inputs in their production processes. This paper … of manufacturing formal firms in Ecuador, and, the causal relationship between the import decision and firm productivity …
Persistent link: https://www.econbiz.de/10012238011
This paper develops a two-country, general equilibrium model of oligopoly in which the degree of horizontal product differentiation is endogenously determined by firms strategic investments in product innovation. Consumers seek variety and product innovation is more skill intensive than...
Persistent link: https://www.econbiz.de/10010246563
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; Gains from Trade ; Total Factor Productivity …
Persistent link: https://www.econbiz.de/10008840049