The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but …

This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of … integral part of “Factory Asia.” Moreover, the results from a quantitative model of trade show that revealed productivity … across sectors and economies. We also find evidence of rapid growth in revealed productivity in some service subsectors …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model … where multi-product firms do two types of innovation subject to friction in technology spillovers. Firms improve their … existing products through internal innovation while entering others' product markets through external innovation. We introduce …

an efficient innovation system or substantial R&D investments, were ignored. Going forward, governmental reforms should …