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"Using plant-level data from the Plant Capacity Utilization (PCU) Survey, we examine how a manufacturing plant's use of …
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We study the implications of microeconomic heterogeneity for aggregate technology, showing that the aggregate … manufacturing sector, and estimate an aggregate elasticity of approximately 0.72 in 1987. We find that the aggregate elasticity has …
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"Firms' headquarters [HQ] support their production activity, by gathering information and outsourcing business services, as well as, managing, evaluating, and coordinating internal firm activities. In search of a better location for these functions, firms often separate the HQ function...
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's comparative advantage remained the same as in the 1960s, and technology in all sectors grew at the same country-specific average … rate, trade volumes would be higher, cross-country export patterns more dissimilar, and intra-industry trade lower than in …
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reducing the relative price of manufacturing to services, and sectoral trade integration is important for industry polarization …We add to recent evidence on deindustrialization and document a new pattern: increasing industry polarization over time …
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