We measure the contribution of firm-embedded productivity to cross-country income differences. By firm …-embedded productivity we refer to the components of productivity that differ across firms and that can be transferred internationally, such … face less competition in less-developed coun-tries, suggesting that firm-embedded productivity in those countries is scarce …

foster R&D spending and innovation, leading to a persistent increase in aggregate productivity and output. In contrast …, changes in the average personal income tax rate have mostly short-term effects. An estimated endogenous productivity model …

temporary cut in corporate income tax rates leads to a long-lasting increase in innovation and productivity, whereas changes in …