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The rapid emergence of China and India as prime locations for low-cost manufacturing has led some analysts to conclude that manufacturers in the "old economies"-the U.S., U.K., Germany, and Japan-are being edged out of a profitable future. But if countries that historically have been at the...
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's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may …. We estimate the losses in productivity due to factor-neutral and factor-biased effects of electricity scarcity. Our …. Finally, we find that these productivity changes, while costly to firms, led to small reductions in carbon emissions …
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the relationship between firm size, total factor productivity growth and financial structure in China, controlling for the …
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