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In models with heterogeneous firms trade integration has a positive impact on aggregate productivity through the … firm selection on productivity, we calibrate and simulate a multi-country multi-sector model with monopolistic competition … trade has a sizeable impact on aggregate productivity. In 2000 the introduction of prohibitive trade barriers would have …
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direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose …
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The aim of the paper is to test the Benhabib and Spiegel (2005) productivity (TFP) catch-up framework on European …
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productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …
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