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How large are the estimated gains from trade from a reduction in trade costs in the heterogeneous firms Melitz (M) model compared with the Armington (A) and Krugman (K) models? Surprisingly little is known beyond the one-sector model. This paper analyzes this question using a global trade model...
Persistent link: https://www.econbiz.de/10012911430
-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 …
Persistent link: https://www.econbiz.de/10012908917
productivity, which reinforces the importance of accounting for firm export status to study the evolution of productivity …This paper explores the link between exports and total factor productivity in Brazilian manufacturing firms over the … significantly, but with stagnant aggregate growth in total factor productivity. The paper first estimates firm-level total factor …
Persistent link: https://www.econbiz.de/10012971419
This paper evaluates the role of export destinations on productivity, employment, and wages of Turkish firms by … comparing the performance of firms that export to low-income destinations and high-income destinations with firms that do not … export. A combination of propensity score matching and difference-in-differences methods are employed on a rich set of firm …
Persistent link: https://www.econbiz.de/10012973605
rates of product innovation and experimentation and a low ability of the Pakistani export sector to enter into new higher …
Persistent link: https://www.econbiz.de/10012974652
capital accumulation, and productivity growth. However, the main engine of growth evolved sequentially, e.g., labor and human … capital factors in the 1960s, capital deepening in the 1970s, and then productivity growth for the following periods. The … major sources of sustained growth over six decades were human capital accumulation and productivity growth rather than labor …
Persistent link: https://www.econbiz.de/10012943809
firms that are far from innovative firms in terms of productivity. The results depend on the concept of ?distance? between …
Persistent link: https://www.econbiz.de/10012967902
differences across urban areas. Areas with high salaries and high productivity tend to have employers that invest in much more … research and development than areas with low salaries and low productivity. This paper addresses two questions. First, it …
Persistent link: https://www.econbiz.de/10012973209
Links between social capital, human capital, and product imitation are studied in an overlapping generations model of endogenous growth where the key benefit of social capital is to promote imitation. There is also a two-way interaction between imitation and human capital. Building social...
Persistent link: https://www.econbiz.de/10012973988
region, Europe has maintained specialization in service exports. Service productivity, tradability, and exports of modern … services are high in EU-15, growing fast in NMS while at a lower pace in ACC. Service export sophistication is important for …
Persistent link: https://www.econbiz.de/10012975775