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Melitz and Ottaviano’s (2008) firm heterogeneity model predicts that trade liberalization induces a selection process from low to high productivity firms, that translates into an industry productivity growth. A similar firms’ selection effect is induced by market size. These predictions are...
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In this study, we analyze the effects of trade liberalization and productivity growth in agricultural activities on Turkey by using a dynamic CGE model calibrated to 2008 data. The simulation results suggest that Turkish economy is capable of accommodating the adverse effects of trade...
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Global agriculture must significantly increase production to meet by mid-century the demands for food, feed, and fiber posed by the world’s enlarging population. An important requirement to meeting those demands is a lifting of agricultural total factor productivity (TFP) growth rates. The...
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Global simulation models are increasingly used to assess future scenarios and the impact of policies related to food security, land use and climate change. A crucial element in these studies are assumptions on productivity change and technical progress, the key drivers of long-run economic...
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