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We estimate the relationship between productivity and trade for a panel of countries over the period 1980 to 2000 using … instrumental-variables estimation of a productivity equation. We note that some estimates of productivity gains attributed to trade … productivity. The trade instrument is based on a ‘theoretically motivated’ gravity equation. The instruments for institutional …
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higher profits, but forcing less-productive firms to reduce prices and earn lower profits. As a result, low-productivity …
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(Comtrade) database (through the World Bank's World Integrated Trade Solution, or WITS, software) and include imports and … region and income group, as defined by the World Bank. A separate data set provides bilateral trade flows (by partner) at the … Conference on Trade and Development and from the World Trade Organization's Trade Policy Reviews and Integrated Database …
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