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increases average productivity. Furthermore, under the first specification exposure to trade always has a positive effect on …
Persistent link: https://www.econbiz.de/10013246336
This paper constructs a two-country model to investigate how tariff policy influences productivity growth through … productivity of investment in innovation. We show that the relationship between tariff policy and economic growth depends on the … industrial share of the country where the policy is implemented. In addition, examining the welfare effects of tariffs, we find …
Persistent link: https://www.econbiz.de/10015066879
expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by …Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This … paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could …
Persistent link: https://www.econbiz.de/10012471128
expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by …Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This … paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could …
Persistent link: https://www.econbiz.de/10013227742
phenomenon of Big Data, we propose a theoretical assessment of its potential effects on productivity growth. Our study highlights … profitability gives digital firms the incentive to produce information likely to improve firm-level productivity and consumer … welfare. Finally, we conclude that the productivity effect of Big Data at the macroeconomic level is conditional on both the …
Persistent link: https://www.econbiz.de/10012908328
major financial or economic crash. With a shrinking labor force and declining efficiency of investment, raising productivity …
Persistent link: https://www.econbiz.de/10014250169
Spillovers have usually been undertaken at the country level, the spillover effects can be more definitive only if the analysis is conducted at the industry-level. This paper therefore attempts to identify spillovers by disentangling technological innovations into intra- and inter-national...
Persistent link: https://www.econbiz.de/10011374054
This paper aims at providing causal evidence on the effects of expanded imported varieties on total factor productivity …, Greenfield and Weinstein (2006) methodology. This index captures the impact of new varieties on total factor productivity within …
Persistent link: https://www.econbiz.de/10013137976
I summarize the main results and policy insights from the 2011 EIB Conference on “Productivity and Long-Term Growth … Potential in Europe.” Europe's need for productivity growth has become more pressing against the backdrop of huge government …-long learning should be fostered and more emphasis put on an ICT-literate workforce. Productivity-enhancing resource reallocation …
Persistent link: https://www.econbiz.de/10013112577
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10013024704